Just a quick post to share my “surprise” at the current goings on on the price of gold. It has been steadily going up for 5 days from last week’s dramatic plunge. I know I said it is a golden opportunity to get in at that price but to see it actually skipping upwards “just like that” just makes me laugh at loud. All news outlets were reporting billions of losses of investors not just on gold but other commodities like oil, and now with prices back up, yeah, it’s like “Huh? What Was That About?” Here’s the news article on current market.
But of course we want to explain, know all there is to know and for people who might be wondering “how did I know”, it’s a bit funny. I know that I don’t know everything. (Like Bank of Japan stunned the market with a stimulus program of buying $70 Billion Bonds for 2 years announced yesterday). But I know the important things in the big picture 🙂 Meaning, there is an element of randomness and surprise in the markets, but there are forces and concepts that move in the market that I watch and rely on to make an informed decision plus managing risks and opportunities through position-sizing. And if you want to get straight into profitable investing without having to figure out the puzzle of doing this business, sign up in my next Retirement Investing Webinar and Bull Run Investing webinar — email charmel@highheeledtraders.com for the next schedules. Get stunning profits for years to come!
Stunning
