True dat. But the bigger argument revolved around whether or not gold was at that time in a bear market pattern or a bull market pattern. This set-up now looks to be the latter.
Had I took heed and bailed instead of averaging down, i would have saved myself from tying up nearly 100k waiting on a reversal. It appears to be finally here, but I’m still under water and I made the mistake of reducing my position below seven, which now appears to be a huge mistake. If I get out anywhere near even, I’ll count my blessings.
On the flip side, I made a boot-full during the cannabis rally, so it’s a win in one sector, a loss in another.