GM ☀️ A weekend day when I woke up to gold prices falling. Interestingly, contrary to the market trend, brick-and-mortar gold shops were actually buzzing with activity.
A friend’s call woke me up this morning. He asked whether it was a good time to buy gold—he’d noticed that the gold shop downstairs had been packed these past couple of days.
The scene was strikingly similar to the days when folks rushed to buy coal.
Years ago, one woman bought coal-related stocks as soon as the heating came on in winter, then chose her moment to sell toward the end of winter, pocketing a profit year after year.
The simplest principles are often the best.
$XAU
A friend’s call woke me up this morning. He asked whether it was a good time to buy gold—he’d noticed that the gold shop downstairs had been packed these past couple of days.
The scene was strikingly similar to the days when folks rushed to buy coal.
Years ago, one woman bought coal-related stocks as soon as the heating came on in winter, then chose her moment to sell toward the end of winter, pocketing a profit year after year.
The simplest principles are often the best.
$XAU
