Wallstreetrader wrote:Cobra do you agreed of these be an Broadening Top ?
50% chances. It could also be Ascending Triangle. Also Broadening Top doesn't necessarily mean top, the breakout can be on either side, each has 50% chances.
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
skittlesmds wrote:Legitimate question: Does anyone know any major economic power that wants their currency value to go up?
so I agree, gold will be up in the long run. but the question is: you buy paper gold such as GLD or your buy physical gold?
physical gold? what's worth of the effort?
GLD may not have enough physical gold back it up, so maybe one day GLD would collapse. Just maybe.
In case of world chaos, physical gold can be used to buy necessities.
Also if you have lots of physical gold in you vault, you can watch them everyday and feel good.
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