The Traveller
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Can someone paste whole article if they can as I have used my 10 free article limit. You have to register to gain free access to 10 articles per month. I thought this item was encouraging for both gold and silver.
A workaround to this is to clear your cache and cookies in your browser. The limit gets reset back to zero after that... as it does with most sites with similar reading 'limits'.
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A quickie on Bullionvault if I may
Now my man has opened one (Euros). Should he choose London or Zurich? -Or doesn't it matter?
Depending how you view the financial situation deteriorating, certainly those on the pessimistic side would say Zurich. If it's a short-term punt, it doesn't matter IMHO, but if I was keeping it there long-term I would choose Zurich. Don't want the VIAMAT vaults being raided on a whim on a trumped-up 'terrism' threat!
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Maybe but why not just relax and accumulate. By the end of this mess micro-second timing will look irrelevant.
Agree but always feels better when you can bag a bargain...
Glad silver took a whack, wanted to add some soon.
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£3.00 for shandy the other day, so were at about 160 beers now!
Gordon Bennet! Light beer here less than a quid, I don't miss the brewers striping you up in the UK that's for sure!
That's generally how the market gets you. Makes it look like it will never pull back and forces you to get in too high. Just as you do a smackdown miraculously appears and you end up far underwater. Then the market moves down a little further, making you believe that the upmove was a fake and that the next fall will be massive - so you sell. Then you get an explosive upmove.Don't fall into the trap, don't buy strength.
This is why you need to build core positions during the corrections, you can just sit back and wait for the big drops without any fear of missing out. I sold almost all of my speculative longs this morning, just leaving my core and physical holdings. I'm ready for the market to pullaway further, it won't bother me as I'll still be making profit. I'm also ready for the market to make a dramatic pullback, where I'll start making more speculative buys in expectation of the uptrend continuing.
Buying those NY trading session bloodbaths makes money, that's the bottom line.
Been waiting patiently for a smackdown to put a little more in, given I already have a position seeing the price zoom up soothes the pain a little, but I would love a bit of a PPT special/CB selling so that the life-raft has a little bit more buoyancy. I'm not sure we're going to get that or if they're saving their powder to smack it off $1200 markedly. Haven't read a COT in a while, guess I need to see where the shorters are at.
SILVER
in Gold, FX, Stocks / Diaries & Blogs
Posted
Hahaha, spotted that and picked it up at the supermarket last week!!! Smells lovely though, better than the original and about a quid cheaper than Lynx (Axe to our European viewers), we all need to tighten our belts, you know...