• Fat ginger cat : Still holding

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• 10baggerbamm OP : here's a longer-term chart and even when the trend is lower which ideally you don't want to buy and hold something when it is gradually trending lower but even when it's trending lower if you bought it when it touched the blue line you made a profit you couldn't get to an oversold point you got to the middle moving average which is the little purple line. but anyway you want to take out your ginsu knife and chop it or cut it or slice it this works so I don't know if this time it's going to recover to an overbought condition but it's going to go back to the moving average because statistically using Bollinger bands 90% of the time the stock will trade in between the high and the low band those are pretty good odds to bet on think of the casino if you could bet on the side of the casino and be right 9 out of 10 times would you do it?

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• Fat ginger cat : run or hold? my cost is at 43

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• 10baggerbamm OP Fat ginger cat : they're killing gold every institution is selling it right now because it's considered to be risk off that Trump is going to unite the world. gold will come back I don't know when I mean that's the biggest problem is money is leaving gold it's buying Bitcoin it's buying Tesla you buy gold when you're uncertain about the future and if Trump chips away 2 trillion dollars in waste with Elon Musk there's less of a need to hold gold as a hedge

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• Fat ginger cat 10baggerbamm OP : okay ty man

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• 10baggerbamm OP Fat ginger cat : I don't know how many shares you have you could sell a call against it if you have at least a hundred or 200 around lot I mean gold's not going to go down forever and you've got brick countries Brazilian Russia India China that are forming a new currency and it's backed by 40% gold so their buyers of gold what's happening today is just like a technical blowout right now it's completely irrational and the mining companies which is what this is peg to obviously if gold goes down they make less profits when the commodity they sell is at a lower price for the same reason it went up is the reason it's going down because the base metal right now is down from its peak.

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• Fat ginger cat 10baggerbamm OP : have 400 shares thanks alot

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