Portfolios (Gold and Silver) Stocks and ETFs

[Duarte]

Quote from oldtime:

so why don't you just buy some GLD and forget it? You aint going to make any money no matter how good a trader you are if it is going down.

There is something to be said for trading, but I don't think you will ever find it at 3x

I don´t have the same opinion.
I bought too early, I had written that the market could descend.
Maybe I had too much confidence.
But, I still think it'll recover.

 

[oldtime]

Quote from Duarte:

I don´t have the same opinion.
I bought too early, I had written that the market could descend.
Maybe I had too much confidence.
But, I still think it'll recover.

not sure what you are trying to do.

Are you trying to trade metal?

Or just guessing where it will go?

 

[Duarte]

Quote from oldtime:

not sure what you are trying to do.

Are you trying to trade metal?

Or just guessing where it will go?

I don´t understand your questions.
If you want to know about what I do, you may read my first post.

 

[oldtime]

Quote from Duarte:

I don´t understand your questions.
If you want to know about what I do, you may read my first post.

yeah, I got it, you're trying to trade metal from the long side only

 

[Duarte]

Quote from oldtime:

yeah, I got it, you're trying to trade metal from the long side only

You still don´t get it. I remain bullish because I continue to think that the Gold/Silver will rise.

Quote from Duarte:

Despite the bearish correction, the Philadelphia Gold/Silver continues with the bullish pattern of “higher highs and higher lows”.

If I thought that it was going to continue to go down, I would have short positions or I would buy inverse Exchange Traded Funds (ETFs).

 

[oldtime]

Quote from Duarte:

You still don´t get it. I remain bullish because I continue to think that the Gold/Silver will rise.



If I thought that it was going to continue to go down, I would have short positions or I would buy inverse Exchange Traded Funds (ETFs).

and so what again is the reason you just don't get a real job (if you don't already have one) and take all your discretionary income and buy GLD?

I don't see the point in all your charts and thinking if all you are trying to do is get long

You can get long any day of the week, they will let you do it at any time

If you think it is going up, I don't see much point in waiting

Are you one of those psychos who gets perverse pleasure in saying, "I bought it at the bottom."?

You know, they have neighborhood watch lists for people like you.

 

[Duarte]

I just try to do my best, in the case of these entries, I don´t think I did my best but let us wait and see what happens.

 

[oldtime]

Quote from Duarte:

I just try to do my best, in the case of these entries, I don´t think I did my best but let us wait and see what happens.

you and me both, at times it's a trade, at times it's a long term hold

 

[Duarte]

The silver and gold chart has formed a pennant/flag pattern and the breakout has occurred.
This trend is likely to continue.
It seems to me a good time and opportunity to invest.