Well what were we supposed to do? Not sell because it's going higher? We are currently in a STOP TRADING status according to MAGOO. Do we now hold until 2015?
i remember a while back that Uncle Jimmy said something about taking your money off the table 1,650. sounded like he meant your original investment capital. from that point on, take the ride on the markets money. i don't know if that included an investors physical holdings as well but it's sounded like it would. by the way, in the past couple of years, Gold's for show / Silver's for the dough.
the sell signal will be when they put Newmont or Barrick in the DOW 30. You will have 6-9 months to cash out of everything gold related before the price collapses.
OK, any time frame for that? Is it 2015?
Well what were we supposed to do? Not sell because it's going higher? We are currently in a STOP TRADING status according to MAGOO. Do we now hold until 2015?~~~~~~~~~~~~~~From all I've been hearing for a long time from 'MAGOO cult followers', the consensus seems to be.........HOLD!!
That would mean the entire 1650 thing was meaningless in terms of actual trading according to the MAGOO approach. I wish MAGOO would make that clear. And if it is meaningless then Dan should stop posting because it will only confuse people.