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How bad could it get ? Just a short term dip or a massive sell down to below 1k/oz ?I am asking because if that plays out, I'll be deep underwater with my Gold plays. I get a lot of opposing views wherever I look about Gold price outlook.If only a short term dip is expected, I may do what you are doing and sell out of or sell down on Gold miners and hold the Gold ETF's long term. But if huge falls are expected, I should sell the ETFs as well and lock in the profit rather than riding it all the way down to a loss !
How bad could it get ? Just a short term dip or a massive sell down to below 1k/oz ?
I am asking because if that plays out, I'll be deep underwater with my Gold plays. I get a lot of opposing views wherever I look about Gold price outlook.
If only a short term dip is expected, I may do what you are doing and sell out of or sell down on Gold miners and hold the Gold ETF's long term. But if huge falls are expected, I should sell the ETFs as well and lock in the profit rather than riding it all the way down to a loss !
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