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SLV SILVER. The 10 year plan
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[QUOTE]Originally posted by NR: [QB] Well, guess it's pretty clear which way the price went. Interestingly, my gold stocks didn't really go down much they seem to be at the bottom. Still holding GG, FSM, HL, MUX, and KGC. In retrospect I should have taken a small loss on KGC, but it seems to have bottomed for the time being so just gonna hold the bag on this one unless it stops dropping again. MUX and GG are up a bit, and FSM is still bullish, regardless of what gold prices do, might take some more profits off the table on that one soon if it rallies a bit more. Wish I could remember the name of the mining CEO that said this stock "was a steal" at it's current price shortly before I bought it. He was right and I cant remember the other two picks he mentioned. Silver chart still looks better long term than gold, which also looks bullish long term. Short and Mid term is clearly bearish but my gut still tells me there is a million reasons to hold gold and keep a bullish sentiment long term. Too many reasons not to. Tariffs on China could go into play tonight, and seems like it should be bullish for gold tomorrow. With the trade war about to kick off, I think shorts won't want to be on the wrong side over the weekend and gold prices will close a few dollars above open. Is this a dead cat bounce for gold prices, and we are going lower still, or is this the higher low on a bullish long term chart? GL and do your own DD [/QB][/QUOTE]
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