How Safe is Gold to Invest In?
My simple answer is not at all. We are in such a unique state with all the printing of money all over the world, I personally feel every asset class needs to be managed tactically. I can not believe that we will not experience high inflation…
There are those who say just buy gold. However gold is no silver bullet. One needs to believe that anything can happen. Gold can go to $5,000 or even $500. When truly believing this you make yourself available. Your opinion as well as mine mean nothing. The market is all knowing. Our job is to follow the markets as a trend follower. No opinions…taking low percentage risks of our account to see if trades work. We try to keep losses small. We follow a well thought out trading plan and we accept the outcomes of our trades and without any hesitation put on the next trade.
In my experience and in my “opinion” this is the only way to survive the turmoil we are likely to face with all the money that has been printed.
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