06-03-2020, 03:34 PM
(06-03-2020, 02:56 PM)fenders53 Wrote:If you bought NEM like I did at $32 then your doing well. It’s all about the timing. NEM, GOLD, FNV GLD and AU I like.(06-03-2020, 02:51 PM)kblake Wrote:I've never held gold ever, but sold my first NEM put (on cue) a day or two before gold started to fall. I'll tiptoe into a position but I'm not sure if there is a big hurry or not. Averaging in seems prudent or you can wait a very long time to break even.(06-03-2020, 02:49 PM)EricL Wrote: So yeah. Don't fight the fed and stuff.
Market up another 2% and DOW over 26,000.
A couple more days like today and my portfolio value will be higher than where it started the year at.
20% unemployment, worldwide pandemic and national riots be damned.
Yeah maybe its time to buy some gold since it has come down in recent weeks
With the market out of control now; it’s not a bad idea to own at least 1 gold name in your portfolio. And the market is way too over bought, so gold should move up for a while. NEM is my favorite. I can see it testing $60 again and hitting new highs.