Loading ...Why risk all your money for another 5 % gain shorting Gold ..the money to be made was when the Public expectations were 90 % to the down side there was a lot to be made going long Gold .Thats the difference between professional and amatures .emotions were for a down day brains were for up day.
Its like high grading your mine ,when prices are low you mine high grade,when prices are high you low grade..its about survival.! The amature does the opposite for emotional reasons.
Government money management hardly exists…they invest in losers for emotional reasons .Getting the best return for money invested requires investment in the best return for the money invested.
Government should invest in Smart people,they would get the best return for the taxpayers money ,they do the opposite because getting the best return is not the objective .
Government invests money educationg stupid people because they make the most noise …make the most emotional arguments and have equal votes ..not because its the best return for the money invested.
Good MONEY management almost dosent exist in Government.