“The character of this Bull will be defined by how Miners do during the Sell offs more than how they go up…”
Good point Fully.
I went browsing NFTRH’s website. Interesting commentary, and he does link to the Tent.
“The character of this Bull will be defined by how Miners do during the Sell offs more than how they go up…”
I too was going to emphasize the importance of this comment when I saw it. Maybe should be a standing quotation for a while in one’s mind.
(not just miners–also the high profile [promoted/publicized] non-miners, the unknown non-miners, the new companies and the old ones “with a lot of paper out” that holders who bought higher could want to sell, the solid and questionable non producers — how all the different types do in the downs gives some info on the quality of the overall bull, I’d guess)
FGC
This is how Gary at NFTRH described the takedown:
https://nftrh.com/2016/05/18/inflationist-gold-bugs-puke-in-mouth/
Poor Goldbugs…we get a bad rap
I suggest it was not Old Seasoned Goldbugs who have gotten on board early and often in this Baby Bull who “Puked”
Probably unconvinced newbies looking for alpha who came in late…looks like they are gone now.
I like this action. The character of this Bull will be defined by how Miners do during the Sell offs more than how they go up.
Goldbugs didn’t Puke Gary…they bought the dip…and for every 1 who is on board and buying there are 100 who are waiting for lower prices.
They will likely NOW buy even faster on the next dip after seeing this action,
Call us Dipstickers
“The character of this Bull will be defined by how Miners do during the Sell offs more than how they go up…”
Good point Fully.
I went browsing NFTRH’s website. Interesting commentary, and he does link to the Tent.
Thanks Paul
I think NFTR is a well balanced site
Gary has posted here as well
“The character of this Bull will be defined by how Miners do during the Sell offs more than how they go up…”
I too was going to emphasize the importance of this comment when I saw it. Maybe should be a standing quotation for a while in one’s mind.
(not just miners–also the high profile [promoted/publicized] non-miners, the unknown non-miners, the new companies and the old ones “with a lot of paper out” that holders who bought higher could want to sell, the solid and questionable non producers — how all the different types do in the downs gives some info on the quality of the overall bull, I’d guess)