OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

A GOLD RUSH scenario

Posted by Ororeef @ 13:41 on April 12, 2016  

I run a contest with myself..I have two accounts an IRA which I trade ,and the 1st qtr I beat the reg account by a mile.

Now in the 2nd qtr the performance of  reg account which is mostly two Gold Funds Tocqueville & Gabelli are beating my 2nd QTR  by a mile  ,

mostly because of timing.I will trade the IRA aggressivly soon ..mid MAY and by year end I will tie or beat the Fund performance which is mostly buy & HOLD…Since the IRA trades tax free I mostly beat the Funds,however If I only had one Taxable account  TAXES would be a big deal and a trade killer .

Theres no difference between losing 30% of your money and paying a 30% TAX on it.So after MAY I wont trade much at all as I expect the bull market in Gold to last until Aug  2017.If as I expect the biggest gains to come will be near the end along with the biggest risk..I hope I dont over stay sine its better to sell too soon ,than too late.!   The bigger Caps will peak & hold before the end but the explorations and pennie stocks will be spectacular at the end !

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.