Even though we had published timely warnings, the recent pullback and increased volatility in the precious metals sector have caught many traders and investors off guard. While all central banks keep printing currency like crazy, prices for gold (XAUUSD:CUR), the SPDR Gold Trust ETF (GLD), and the Sprott Physical Gold Trust (PHYS) have all pulled back sharply and have been trading rather sideways to down over the last three weeks. To help navigate through these uncertain times, I decided to publish a somewhat unusual update.
The ultimate success principle: Buy Low and Sell High
If you want to make money in the markets, there is only one very simple yet super powerful principle you have to follow: Buy low and sell high. This is the only way to make money and the most important principle of them all. You can change the order and first sell high and then buy