Simple is as Simple Does
We see a LOT of excellent TA here at Goldtent TA Paradise
Much of it is complex and requires a mathematical mind to really understand
Here is a Gold Chart for Dummies that serves a great purpose
This Blue Line is the 20 Month Moving Average on the Monthly Gold Chart
Following this simple line would have had one IN Gold from 2001 at $300
One would be out for only 1 month (in 2008 at $800)…then back in at $800 the next month.
Then one would have held on to the top in 2011 and then out at $1600 in 2012
So this simple 20 month moving average would have you buy at 300 and sell at 1600…433% in 10 years
Average of 43% a year…better than your CDs ?
Now here in 2016 ( after being OUT for 4 years) you would be back in at $1200 and up 10% this year)
Not much day to day watching required !
Check in at the end of each month
If Gold is above the blue line …you hold…If below…you sell
Simple ?
Some properties at right addresses have appreciate 3x from 2008. No wonder Trump is a mogul.
He skis too?
Haha, sorry, property mogul…. not ‘sleeping policeman’ on ski slope…
have you lost your mind fgc?
what would we do for dopamine?!
how would we cope with the existential emptiness?!
how could we justify to our conciences that we are really trying to win?!
give me a break
I know Shell….I know
lets just keep this our little secret OK ?
🙁
Nice observation, thanks