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MCJ

Silver Premium Member
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Posts posted by MCJ

  1. Will Gold And Silver Purchasers Become Terrorists?

    Also highlights why " the bottom " is difficult to predict.

     

    I liked this statement. .."We have often stated that smart money, aka controlling interests, buys low, sells high.  It is also axiomatic that unusually large volume surges are from smart money in action.  The public simply do not act in such a coordinated effort in concert to create heavy volume days.  The public only react."

    http://www.gold-eagle.com/article/will-gold-and-silver-purchasers-become-terrorists

  2. Surely hedging is king in a situation like this? Short oil and FTSE, trade FX, buy bullion gold whilst low, sell into rise, pick up gold producers shares- day trade if required, don't be greedy, take profits when targets reached, happy days. Juggle all of the above and make money. Just buying PMs and hoping to make money, if that's what your main aim is, when the price goes to £xx is going to limit your success. You'll be missing out on all the peeks and troughs. IMHO.

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