Gold sinks to 7 year lows as I write this.
This has become one of the easiest trade signals out there to recognize. You don't need to follow news, you don't need to see what China is doing, you don't have to know how to read a chart. The answers are right in front of you, and have always been.
When the world is doing everything it can to give you gold, ie hour-long gold coin infomercials on TV (which charge ridiculous premiums BTW, never buy from them) telling you what a great investment it is, and how much it was worth 2 years ago (WTF? Why should we give a shit about that?), SELL SELL SELL. These people don't care about their reputation, they just want to dump their gold holdings and bounce. They did it before, you just don't remember back that far, and now they're back to pillage again.
They're telling you how the economy is going to crash and gold is all we'll have left (This has never come close to happening, and there are measures in place to make sure it never does, but there's no money in mentioning this, so fuk it, right? Doom and gloom is what sells, yeah!!). They are saying how gold is bottoming out and now is the chance to come in. They have no idea if any of these things are going to happen. They have no basis for anything they're telling you. Anyone could stand up here and say things like that, but they expect you to fall for their credibility because they're wearing a suit, and they may have held a job at some financial institution awhile back (so what?). They're not making money from that place now, so they need to find a way to get paid somehow.
They've never been right. And they don't care, because they've already made their money off of you, and you've forgotten about them by now.
So when do you buy?
You buy when the world is trying to GET your gold from you. When Cash4Gold places are popping up everywhere, with neon lights and sign flippers begging you to come trade your gold in for dimes on the dollar. They wouldn't go through all this effort if they knew the bottom was falling out of gold anytime soon. By the time gold started its realized decline back in 2013, most Cash4Gold places had packed up and left town. Some are still around, because they're still raping you no matter what, but the companies that own those places knew that the boom was over and sat back and started counting their riches as gold lost more than 35% of its value. They'll be back, in full force, and the dumbass populous will forget what happened before, and the same cycle will continue. But this time, you'll know exactly what to do.
Nowhere on earth is there an investment to where the world will GIVE YOU the answers to the puzzle like this, and that's why I felt compelled to point this out. This is +EV stuff here fellas, and that's like finding a leprechaun these days on betting forums.
Ignore everyone out there on TV and the forums that has some goofy speculation on where gold is heading. They're all guessing. Anyone can do that -- it's not impressive at all. In fact, it's pretty lazy. Sit back, and let the universe tell you exactly what to do. They will. When it comes to gold, they always have.
This has become one of the easiest trade signals out there to recognize. You don't need to follow news, you don't need to see what China is doing, you don't have to know how to read a chart. The answers are right in front of you, and have always been.
When the world is doing everything it can to give you gold, ie hour-long gold coin infomercials on TV (which charge ridiculous premiums BTW, never buy from them) telling you what a great investment it is, and how much it was worth 2 years ago (WTF? Why should we give a shit about that?), SELL SELL SELL. These people don't care about their reputation, they just want to dump their gold holdings and bounce. They did it before, you just don't remember back that far, and now they're back to pillage again.
They're telling you how the economy is going to crash and gold is all we'll have left (This has never come close to happening, and there are measures in place to make sure it never does, but there's no money in mentioning this, so fuk it, right? Doom and gloom is what sells, yeah!!). They are saying how gold is bottoming out and now is the chance to come in. They have no idea if any of these things are going to happen. They have no basis for anything they're telling you. Anyone could stand up here and say things like that, but they expect you to fall for their credibility because they're wearing a suit, and they may have held a job at some financial institution awhile back (so what?). They're not making money from that place now, so they need to find a way to get paid somehow.
They've never been right. And they don't care, because they've already made their money off of you, and you've forgotten about them by now.
So when do you buy?
You buy when the world is trying to GET your gold from you. When Cash4Gold places are popping up everywhere, with neon lights and sign flippers begging you to come trade your gold in for dimes on the dollar. They wouldn't go through all this effort if they knew the bottom was falling out of gold anytime soon. By the time gold started its realized decline back in 2013, most Cash4Gold places had packed up and left town. Some are still around, because they're still raping you no matter what, but the companies that own those places knew that the boom was over and sat back and started counting their riches as gold lost more than 35% of its value. They'll be back, in full force, and the dumbass populous will forget what happened before, and the same cycle will continue. But this time, you'll know exactly what to do.
Nowhere on earth is there an investment to where the world will GIVE YOU the answers to the puzzle like this, and that's why I felt compelled to point this out. This is +EV stuff here fellas, and that's like finding a leprechaun these days on betting forums.
Ignore everyone out there on TV and the forums that has some goofy speculation on where gold is heading. They're all guessing. Anyone can do that -- it's not impressive at all. In fact, it's pretty lazy. Sit back, and let the universe tell you exactly what to do. They will. When it comes to gold, they always have.
