“I see a similarity between Sinclair and Armstrong with the wait game. How many gave back their gains or missed a rally over that? Armstrong talking about flushing the Bulls out. Effectively he’s saying in a selfish non compassionate way for them to SELL for a LOSS and maybe be wiped out to help him make money later. How is that helping people?”
It’s apparent that all these guru’s are traders. Maybe it’s been naïve to think anything different.
Sinclair seems to trade as well despite the “Be strong, Stay long” mantra. I’ve been shredded by “staying long” through thick and thin. Perhaps it will ultimately work out if we have a 1980 scenario. If not, especially these miners will bleed anyone holding bone dry.
Been a very tough lesson over the last 14 years. I guess you have to “know when to fold them, know when to hold them, know when to walk away and know when to run”
Very difficult with pm’s…
Best