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17	Oktober 2018

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Gold is in a weak downtrend. It has been downgraded from last week�s sidelines ranking. In last week�s video clip what did I explain to you the trend in gold was cheap nike air max trainers nz , sidelines right? I explained you ought to move to the sidelines after selling out and taking profits. If gold broke below the 50 day moving average, you�d be thankful that you got out and moved to the sidelines. In the event that gold bounced off the 50 day moving average you could always get back in when it enters into a strong uptrend. Now a lot of you playing my videos did not follow my recommendation. Terrible move. Are you going to be a dummy and ride gold all the way down just as before? How do you know this pullback in gold won�t be yet another 2006 to 2007 plunge in gold? It took most gold perma-bulls 2 to 3 years to recuperate their losses. Are you condemned to repeat the exact same blunder two times?

As a gold bug, why do you need to endure these tremendous drawdowns? The answer is you don�t. I don�t care what your logic is. In the event you hold gold and it drops more than 20% on you cheap nike air max free shipping nz , you are a failed trader and you�re simply not trading right. Only brainless novice traders put money into markets without establishing a stop loss.

Now the reasoning of many gold bugs is to say Lance, I would not care what you say. I subscribe to Doug Casey, Peter Schiff cheap nike air max mens nz , and Peter DeGraff and these fellas are all in. When they�re all in gold then I�m all in gold. As these guys are millionaires and billionaires and they didn�t get that way from being silly within their trading. They are fully aware how to trade, that�s the reason they�re rich. It is not true. These guys made their cash not off their stock investing but from there gold bug newsletters and if they run a fund like Peter Schiff. Quite simply they make their money from the businesses that they run and not their trading. Contemplate it. Exactly why take care of the problems of a business if you could be a millionaire and billionaire just from your stock trading?� just from the point and then click of a mouse. Why cope with taxes, a business license cheap nike air max womens nz , employing a person to answer the phones, advertising and marketing, workers cheap nike air max wholesale nz , laws and regulations, customer service, processing customer bank cards and payments cheap nike air max shoes nz , as well as the dozens of other complications it takes to run your business? If these guys truly were millionaires and billionaires simply from their trading and investing, they probably would not need your $100, $400 cheap nike air max trainers , or $1,000 a year to subscribe to their newsletters. The fact is they have not become millionaires and billionaires from their stock market trading. They desire your hard earned dollars.

Another argument I�ve gotten from gold bugs is well, Lance cheap nike air max free shipping , it�s not possible to buy bottoms. I totally accept that. In fact, I�ll expand on that and say you can�t buy bottoms or sell tops. But that type of logic used on holding onto gold too long is what�s called a non-sequitur. Many may call it a straw man. It�s taking a truth in some other aspect of trading and employing it in an illogical way to gold. Sure you cannot buy bottoms and sell tops, however cheap nike air max mens , you can trade trends. Holding onto gold for too long and enduring giant drawdowns, instead of setting a stop loss, and then justifying those tremendous drawdowns with the logic that you cannot buy bottoms and sell tops is idiotic. You are able to trade the trend. Merely identify the trend then trade it.

Jessie Hart is a trader as well as a publisher. He publishes numerous reports relating to trading and simple methods to have the correct psychological processes going through your head as you trade. For more trading reports take a look at: Identify The Peril Of Technical Analysis

WELLINGTON， Oct. 13 (Xinhua) -- The New Zealand government's operating surplus for the financial year ending June was more than four times bigger than last year， the Treasury announced Thursday.

Treasury figures showed higher-than-expected tax revenue and below-forecast spending delivered a surplus of 1.8 billion NZ dollars (1.27 billion U.S. dollars) -- up from 414 million NZ dollars (292.07 million U.S. dollars) in the 2014-2015 financial year.

Finance Minister Bill English said expenses were under 30 percent of gross domestic product (GDP) for the first time since 2006 and net debt had stabilized at 24.6 percent of GDP.

"The outlook for the economy is positive， the government's books are in good shape and we are addressing our toughest social problems. However， we also need to bear in mind that there are a lot of risks globally and that is why it is important to get our debt levels down，" English said in a statement.

However， the main opposition Labour Party said hard-working New Zealanders would be asking if the benefits of economic growth were being fairly shared.

"It is all well and good to be pleased about a surplus， but when there are children living in cars and garages， older New Zealanders in pain waiting for operations， and school funding going backwards， the government needs to take a long hard look at their priorities，" Labour Party finance spokesman Grant Robertson said in a statement.

WARSAW， Jan. 30 (Xinhua) -- A Polish institute on Monday made public a database which contains about 8，500 names and personal data of the Auschwitz concentration camp SS-man personnel.

"We begin from the Auschwitz concentration camp， but we are planning on expanding this database on other Nazi concentration camps in future，" said Jaroslaw Szarek， head of the Polish Institute of National Remembrance.

The data are available online at www.truthaboutcamps.euzalogass. It is available in English， German and Polish languages.