If I understood you correctly, you believe that following fundamental information and purchasing gold for the long run is the way to go, and that speculation does not make sense, as the future price is not related to the past.
Naturally, this is one of the approaches and it should indeed prove profitable in my opinion. It is certainly better to focus only on fundamentals than to focus only on speculation without any experience / support. However, my own research indicates that the best results can be achieved through diversification of approaches (speculation AND investment), methodologies (fundamental, cyclical, technical, fractal, quantitative, etc.) and structure of one’s portfolio. I believe that this strategy, accompanied by sound money management is the key to long-term growth of one’s capital regardless of temporary downturns.
As you have noticed, my essays, alerts, and the Premium Service (which I'm going to introduce next week) may not be appropriate for everyone. The pure buy-and-hold strategy may be appropriate for investors who are extremely risk-averse and have absolutely no time for managing their own money. It is you who ultimately makes the decisions regarding your money and it is perfectly fine with us, whether you use this or another strategy. However please note that people, who put their hard-earned savings into companies from the NIKKEI Index 20 years ago (!) with the buy-and-hold perspective, now have only 30% of what they had back then. Diversification only among companies didn't help them much, whereas diversifying between different strategies would.
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