Goldmoney-Bullionvault.com Portfolio & Track Record
Goldmoney-Bullionvault.com was created by the founders of WhichWayGold.com in order to promote precious metals ownership among the general public.
WhichWayGold.com focuses on long-term, "big picture" investment trends and does not endorse jumping in and out of markets. Few of us have the time to sit watching trading screens all day and even fewer of us have the inclination to do so. We have lives to lead and, with increasing pressures on our time, we need to allocate our time wisely.
As a result WhichWayGold does not issue many forecasts and it is rare that those forecasts are changed once issued. WhichWayGold does not commit to publishing views until all aspects have been thoroughly researched and there is a high degree of confidence. The timing may not be absolutely perfect but, because the paths selected are long ones, it is likely that investment returns will be superior over the longer term.
The following quotes from Reminiscences of a Stock Operator express this approach well:
"It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine - that is, they made no real money out of it. Men who can both be right and sit tight are uncommon."
"I think it was a long step forward in my trading education when I realized at last that when old Mr. Partridge kept on telling the other customers, "Well, you know this is a bull market!" he really meant to tell them that the big money was not in the individual fluctuations but in the main movements - that is, not in reading the tape but in sizing up the entire market and its trend."