Everything in excess must reverse; after this wave of oversold and sharp decline in gold, it has rebounded nearly 10 points from the 4150 level!



The cost basis determines investment success or failure. Even the most perfect asset won't generate returns for many years if the entry price is too high.

When there are no discount opportunities, it's best to do nothing at all.

After significant declines comes the greatest opportunity, and after significant rallies comes the greatest risk. The essence of investing is buying low and selling high.

Risk mitigation is more important than making big profits.
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