There is never a wrong time to be investing in gold. However, the recent failure of IndyMac Bank, the collapse and bailout of the GSEs, and the sharp rise in the CPI made it more imperative than ever, for you to protect your wealth with gold. I'm going to go over those three financial events and explain why I feel that it's more crucial than ever for you to buy gold bullion now.
stock Market trading can become quite a tense occupation at times. You will learn a lot more about yourself as a trader from the bad trades than from the good ones, or even from analyzing the figures. You cannot succeed if you start to panic when you see a loss early. Neither must you be happy to take a small profit when you had planned on a big one. You must stick to where you will take the profit as well as how much loss you will accept.
Well unless your dead....you have seen what is a great window of opportunity for buying Gold or Silver in a temporary "over sold" price correction. A correction that was again created by another major increase in margins for precious metals last week. The Margin increase was again to protect the brokerage houses and exchange seat members who were again crying about being trapped "shorting" Silver and Gold to you the American Investors!! So in order to force all investors to dump Silver and Gold "Longs" these margins hikes were again the only tool to force investors to jump out of long futures and options.
The mob can lose it's logical mind because of the collective state of mind that some people have brought to the mob, and influenced the greater mentality. When we think as an individual, we soon come to our senses and realize what our individual decision needs to be.
Of course, weather is a major market mover. During the summer, big moves can occur around monthly or weekly reports. Selling into these reports can be profitable. Fifty-cent limit moves ($2500) are not unusual when the market is rolling and a report comes out.
Generally, traders would tend to buy the shares at the top and try to sell them at premium price only. When the number of buyers is low, the capital market falls.
Some stock markets charge fee on every transaction that is made where some charge fee on every share that is purchased. For example, an investor who bought 100 shares of Google will pay $10 [if the charged fee is on per transaction and its $10 per transaction]. The same investor will pay $10 fee is he buys 1000 shares instead of 100. Now if the same buyer is using a stock market where fee is charged on per share bases [and if the fee is $0.02 per share] then to buy 100 shares he will have to pay $2 and for 1000 shares, $20.
He is so revered that there is even a documentary of him called "Paul Tudor Jones II" that is so difficult to obtain that illegal VHS copies change hands for over 300 bucks a piece!