Gold surge ...Hold or sell...decided to SELL!
#1

Bought gold twice at 1400(3yrs ago) and 1900.(1.5yrs) 

Although profitable now rather pathetic in annualised returns.
After I bout at 1900 I expected gold to rocket to moon since govt were printing $$ like no tomorrow but it didn't...and stayed below 1800 for long time...only after 1.5yrs then it go up a pathetic 2%.

Thanks to Putin, it came back to positive territory for the batch I bought at 1900...

Still thinking whether i should get rid of it...likely ...at above 2000?...if putin decide to expand the war and kill millions...gold will rise higher.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

As a safe haven ...the performance is there...but as an inflation hedge its quite poor.

[Image: a2QVy9N.jpg]

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

Hold, later/Putin announced ceased fire after he sell his.
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#4

I sold...no need to wait.

I had waited too long.

Cash will be good if there is collapse.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#5

(24-02-2022, 01:21 PM)sgbuffett Wrote:  I sold...no need to wait.

I had waited too long.

Cash will be good if there is collapse.

Yes sell. This event can’t get anymore worse
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#6

(24-02-2022, 01:25 PM)Zannn Wrote:  Yes sell. This event can’t get anymore worse

Actually it can...that is why I am.keeping the cash to redeploy

Gold can actually go higher or it may not.

Because the window at the peak is just too narrow...emg Putin announce he is ready to talk negotiate or something gold will plunge quickly.

Also I have been waiting for very long for something to happen so I can cash out.

Cash is good to have if situation get worse. But if it does get worse I would start buying  stocks on the cheap


Gash is good whatever the outcome as it can be deployed easily when the tiime comes
.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#7

Just buy gold etf.
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#8

(24-02-2022, 01:35 PM)dynamite Wrote:  Just buy gold etf.

All the best. My opportunity cost may be your gain.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#9

Already say many times, nobody can predict the market lah. If you make money it doesn't mean you're good, just that you're destined to have that money.

So buy or sell, you're right!
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#10

(24-02-2022, 01:44 PM)Blasterlord2 Wrote:  Already say many times, nobody can predict the market lah. If you make money it doesn't mean you're good, just that you're destined to have that money.

So buy or sell, you're right!

It is about making money consistently regardless of unpredictable events.

Making money is not about short term profitable but over long periods.

Because any method that can make 20% in a week cal so lose 100% in a month.

The characteristics of market during war is known.
Season investors know that the panic start when the war breaks then there is a bounce but beyond that depends on what happens to economy....some wars have impact some don't....

On average after 12 months from day war break out the return is positive.


All these are known from past....... this particular war ...we won't be able to tell.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#11

May hit US$2000

Laughing
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#12

(24-02-2022, 02:01 PM)sgbuffett Wrote:  It is about making money consistently regardless of unpredictable events.

Making money is not about short term profitable but over long periods.

Because any method that can make 20% in a week cal so lose 100% in a month.

The characteristics of market during war is known.
Season investors know that the panic start when the war breaks then there is a bounce but beyond that depends on what happens to economy....some wars have impact some don't....

On average after 12 months from day war break out the return is positive.


All these are known from past....... this particular war ...we won't be able to tell.

But your actions don't gel with your words. You've been plotting all kinds of charts EVERYDAY and watching youtubes on 'experts' views.
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#13

Quote: Oil prices jump 5% as Russia launches attack on Ukraine; Brent hits $100 for first time since 2014



Liquid gold shoots up, solid gold will still shoot up

Laughing
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#14

(24-02-2022, 01:44 PM)Blasterlord2 Wrote:  Already say many times, nobody can predict the market lah. If you make money it doesn't mean you're good, just that you're destined to have that money.

So buy or sell, you're right!

Nobody can predict the market but some people can make more money than others. But too Chem to comprehend la.
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#15

(24-02-2022, 02:24 PM)guffaw Wrote:  Nobody can predict the market but some people can make more money than others. But too Chem to comprehend la.

Those who make more money got the network lah. They got the info before you do. As ordinary folks you only know about it last.
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#16

(24-02-2022, 01:33 PM)sgbuffett Wrote:  Actually it can...that is why I am.keeping the cash to redeploy

Gold can actually go higher or it may not.

Because the window at the peak is just too narrow...emg Putin announce he is ready to talk negotiate or something gold will plunge quickly.

Also I have been waiting for very long for something to happen so I can cash out.

Cash is good to have if situation get worse. But if it does get worse I would start buying.

So cahs js got whatever the outcome as it can be deployed easily when the tike comes
.

Already at this stage how to nego, already invaded don’t tell me he will say retreat. So already invaded means the worst is expected, take over of Ukraine. Anything worse? He invade another country?
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#17

Once you buy gold, you should never sell
10% more when you buy, 10% less when you sell
It’s for great grandchildren type of investment

Tampines & West Coast GRCs are there for the taking 
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#18

(24-02-2022, 03:02 PM)Bluebull Wrote:  Once you buy gold, you should never sell
10% more when you buy, 10% less when you sell
It’s for great grandchildren type of investment

Example
My wife got a 100 gram gold bar from her father when married me
Father in law said he bought it for less than $800
Many many years ago, I bought one for more than $2000
My brother in laws and sisters in laws laughed at me
Few years later I bought another two for more than $3000
They said I was crazy
When golds prices shot up sky high at more than $6000 during the last crazy rise, they all screamed at me to sell 
I didn’t 
When gold drop back to slightly more than $5000, I bought another two
I keep them all until today, which I check is about more than $8,600 each
Plus every year I been buying the $100 zodiac gold coins from Singapore Mint
Prices $2000 plus to $4000 plus (highest last year)
At today’s prices, all worth much much more
Even if drop, won’t sell

Tampines & West Coast GRCs are there for the taking 
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#19

Hold until it rises 700%
-GESARA
[Image: Screenshot-from-2022-02-23-21-46-54.png]

[Image: Screenshot-from-2022-02-24-15-19-05.png]
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#20

(24-02-2022, 02:41 PM)Zannn Wrote:  Already at this stage how to nego, already invaded don’t tell me he will say retreat. So already invaded means the worst is expected, take over of Ukraine. Anything worse? He invade another country?

But maybe later Ukraine surrender? Then all stocks chong and gold price plunged.
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#21

[Image: Screenshot-from-2022-02-24-16-08-14.png]
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#22

(24-02-2022, 02:12 PM)Blasterlord2 Wrote:  But your actions don't gel with your words. You've been plotting all kinds of charts EVERYDAY and watching youtubes on 'experts' views.

It's mainly to assess risk level than to predict something.
Experts are not God but they can explain what happen IF something occurs. For example if Russia invades Ukraine.. XYZ can happen...but they won't know if Putin will or not.

We can only try yo cope with potential consequences which cause drawdown.

For example if war break out most of the time the panic lasts 1 to 2 days...the market has already fallen BEFORE war starts in anticipation.

For example this one from Dec until now there was talk of war . So the final outbreak of war is anticipated.

All these possibilities expert can work out so you know your risk level.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#23

Gold will also drop in the end…
Nobody carry gold to run road…

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
[+] 1 user Likes RiseofAsia's post
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#24

Learn from history.

First panic buying and then big collapse.
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#25

GESARA launched and floating in choppy water

[Image: Screenshot-from-2022-02-24-16-26-51.png]
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#26

(24-02-2022, 02:30 PM)Blasterlord2 Wrote:  Those who make more money got the network lah. They got the info before you do. As ordinary folks you only know about it last.

When I recommend buy in April 2020 people here laughing.. That was the exact lowest point during the period. The lowest day.
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#27

[Image: Screenshot-from-2022-02-24-16-30-20.png]
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#28

Once Gesara has her claws into SWIFT wire-tranfer
there no turning back
no chegue-kitting among banks around the world.
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#29

Putin just unload his gold few hours ago.
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#30

(24-02-2022, 04:28 PM)guffaw Wrote:  When I recommend buy in April 2020 people here laughing.. That was the exact lowest point during the period. The lowest day.

And you think you know it's the lowest because you're talented?
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