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RE: Others Are Jumping Onto The Gold Bandwagon Too
Thank you Rolland for the post. All the financial newsletters I subscribe to including the gold/silver resource focused ones also see strength in gold for 2019. One analyst, a formal gold fund manager, put a $1500 target. Your $1330 shorter term target is a good start. I'm loaded up on my mining positions. With 1/3 the amount I was up $180K in 2016 by beginning of July, only to end the year up only $50K. I won't let this happen a second time. I've learned gold positions are best traded through intra trends of a bull market. Otherwise you simply ride the wave, which is quite volatile.
We have all been there...giving profits back to the Markets. One suggestion is to have a target price where you will take some profits off the table and just let the rest run / ride the wave.
That is pretty wise and I intend to do that. Greed is a hard thing to move past:)
Agree and we must remember that when we trade, we are only competing against ourselves.