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InvisibleAsante
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Re: PAX Gold [PAXG] -- A gamechanger in crypto & gold investing. [Re: Tulipslave]
    #27776884 - 05/14/22 12:35 PM (1 year, 8 months ago)

Quote:

Tulipslave said:

So, in short, no...no one but the extraordinarily wealthy would be able to retrieve their gold, based on the 400oz bar example. So, you're paying someone, including fees, to hold something you can use but basically not retrieve. Therefore it's not really yours. Therefore that bank or whoever is doing the "bookkeeping" can also do what lots of banks and vaults do when SHTF and seize or lock down the asset(s.)


No thanks.





This is why its only for the shortterm for a few ounces only.


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InvisiblePastywhyteMDiscord
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Registered: 09/15/12
Posts: 37,808
Loc: Canada
Re: PAX Gold [PAXG] -- A gamechanger in crypto & gold investing. [Re: Asante]
    #27776889 - 05/14/22 12:37 PM (1 year, 8 months ago)

I’m too chicken to try and predict a bottom in any crypto right now.


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Offlineashfiken
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Registered: 09/06/06
Posts: 3,072
Loc: SCranton
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Re: PAX Gold [PAXG] -- A gamechanger in crypto & gold investing. [Re: Pastywhyte]
    #27778118 - 05/15/22 11:21 AM (1 year, 8 months ago)

Stage in at prices you feel are relative support and also support your allowance for exposure.
If it keeps going down keep buying and building slightly bigger positions.
By the bottom you will have a lil bag


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