Tuesday, 16 April 2013

Gold conspiracy theory?

Dear Friends,

Goldman Sachs probably bring Gold to its knees these 2 days. A catastrophy indeed. Goldman last friday issued a shorting call.

It is reported on Reuters that this is the worst 2 days drop in Gold in 30 years... 30 years!!!


One friend told me that he believes some great and well known bunch of traders together shorted it. And Goldman Sachs certainly has a good hand on this. Great point.

Certainly George Soros and Jim Roger has warned us 2 months before.

This is the cruel financial world. Money changes hand from the retailers to the super wealthy.

But as a retail trader, I would like to encourage all those traders that suffer from this incident to pick themselves up and not give up learning the art of investment.

Bear market will come again when the whole stock market collapse one more time. It always happen and we may not need to wait 30 years for it to come.

This is one good lesson learnt so that we wont be losing hundreds of thousands or millions in a stock market crash. It happened to my father in September 1998 when the clob shares incident occurs. At that time, it really affected my family deeply.

Hope such an incident won't happen again.


958访谈 2018年7月26日:欧美贸易战美国胜利驶到股市大涨!买什么?

·         欧美贸易战美国胜利驶到股市大涨! 道琼斯昨晚闭市在 25414 点,涨了 172 点。 一个月前我们曾经在节目中有说过,道指在 24100 点的时候大家一定要投资,是捡便宜的机会。果然,道指从当时候从 24100 点已经跑了 1300 点。 ...