Loading ...“Don’t think u can ever say hope trounced, as if ur invested for the ultimate protection, then with this lot running wild, u have to have cover/protection.”
Interesting statement. I think I can say that “hope” in pm’s and shares has been trounced on a daily, weekly, monthly basis.
Today is a perfect example. We should be moving higher across the board today, and yet, here we are, flat as a pancake. This is what makes PM investing so difficult. There is no rhyme or reason behind the action, and rarely a solid trend where pm’s and shares go up relentlessly like other things in the SM. The only solid trend is the down trend.
Certainly makes it tough to find a bottom.
BTW – I’m at the point where I only hold the pm shares for a day or two. I’m not sure at this point there’s any other way to play them.