February 23, 2020 - (Gold Market Wire) - Our decision to let go of the ratio position and take profit this European a.m. looks prescient given the recent move. We are turning up on the ratio and have seen a 1%+ gain. It's still early days, but a look at the chart indicates a potential reversal.

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Did the 'fat and happy' over the 'pig out / pigs get slaughtered' philosophy work out? It's too early to tell, but at first blanche - the answer is yes. Yes 'riding profits and cutting losses' is an important admonition - but banking profits is an equally important part of trading because (yet another trading aphorism) 'nothing moves in a straight line.'