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> the price of gold continued to rise as they did this This would mean they sold low and bought high, right?
by xvedejas 6mo ago
> the price of gold continued to rise as they did this
This would mean they sold low and bought high, right?
- renewiltord 6mo agoIt’s because they’re using European mathematics. You wouldn’t understand if you’re American. In reality the article is attempting to account for a capital gain pnl accounting for taxes.
- eru 6mo agoI'm not sure the central bank is paying capital gains taxes?
- DaedalusII 6mo agoprice of gold dropped from $5500 to $4600 in the last few weeks then came back. all is possible
- mort96 6mo agoThen they didn't make money as a result of the price rising, which is what the original commenter and article claimed.
- coldtea 6mo agoUsually that's how you want your selling and buying combos to be...