MARI invest

Prohere7321

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080626 LBMA Gold Price AM is 4280.60.

080626 estimated NAV Price of MIG is around 0.9686 (-0.0414).

Announce tomorrow afternoon in MIG.

Ultimate all time low record for MIG, previous all time low was 230326 at 0.9720.
080626 MIG NAV Price is 0.9683 (-0.0417).
 

Prohere7321

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090626 LBMA Gold Price AM is 4326.75.

090626 estimated NAV Price of MIG is around 0.9786 (+0.0103).

Announce tomorrow afternoon in MIG.

For now Gold is having sideway pricing.
 

pratik28

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There r support levels and these r meant to be broken , just like other support levels so far , below 200D MA doesnt gurantee wont go below 300D , 400D MA :ROFLMAO:
But just like there is a theory to DCA on the way up , there is also a theory to DCA when prices on the way down haha.
We also never know what would be the bottom before it rebounds. So indeed seems a GOLDen opportunity to DCA daily rather than 1 lumpsum at the bottom
 

wutawa

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There r support levels and these r meant to be broken , just like other support levels so far , below 200D MA doesnt gurantee wont go below 300D , 400D MA :ROFLMAO:
But just like there is a theory to DCA on the way up , there is also a theory to DCA when prices on the way down haha.
We also never know what would be the bottom before it rebounds. So indeed seems a GOLDen opportunity to DCA daily rather than 1 lumpsum at the bottom
the theory of dca is to buy regardless of up or down.
 

pratik28

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the theory of dca is to buy regardless of up or down.
ya lor , especially the bull run metals had of more than 100% in a couple of years , so hard to align or go by the historical trends.
As long as we r in for long term horizon , just DCA irrespective of up or down. The short term hula hoop gains from it over alr , haha
 

wutawa

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but maybe can also buy a bit more when it's down
Dollar-Cost Averaging (DCA) is an investment strategy where you divide your total intended investment amount into smaller, fixed increments and invest them at regular intervals (e.g., weekly or monthly) regardless of price fluctuations.

if your strategy isnt this, it is not dca.

How DCA Works
  • Fixed Contributions: You invest the same set amount of money every period (e.g., $500 monthly).
  • Share Fluctuation: Because the amount is fixed, you automatically buy more shares when prices are low and fewer shares when prices are high.
 
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lousylah

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If your expected holding period is long (5-10yrs or longer) then 3-5% volatility this period becomes noise.

the narrative (if you agree), is the gradual but certain move away from USD dominance for trade (petrodollars) and central bank holdings (treasuries). For now the only viable alternative is precious metal, particularly gold.

once the iran conflict settles (or becomes accepted as “new normal”), CenBanks hoarding of gold will continue > past 3mths some sold to pay for energy, defend their currency and/or pay for (expected) increased defense spending
 

sohguanh

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once the iran conflict settles (or becomes accepted as “new normal”), CenBanks hoarding of gold will continue > past 3mths some sold to pay for energy, defend their currency and/or pay for (expected) increased defense spending
Above in bold will only see some light when that eat full nothing to do backside itchy man stop all his nonsense. First is dunno impose what tax then chase ppl out of US then go hoot ppl etc causing world mayhem.
 
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