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Wednesday, May 04, 2016

Gold bug sites

As a former Gold bug ( yes I'm still a Gold and Silver buyer as well as Miners ) But I'm also a trader first.

In trolling some of the more popular  gold bug sites once again we read, each and every down tick on the HUI most keep saying " Ok this is the buy point " seriously some of these people are truly clueless traders... THE DAILY MOVING AVERAGES NEED TO PLAY CATCH UP PEOPLE!!! sheesh wake up already, always the same tune with these people. Guaranteed! guaranteed! most will ride this sucker all the way back down...

I was once one of these types of traders and yes I played along with the " This time is different " and lost a ton of money, its never different folks ITS A TRADE! treat it as such or go watch Tv...

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