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Message: No one seems to have an answer to this
1) What difference does it make if we have hit bottom of this gold correction. That does not in any way mean it will affect TRX positively. If we are to look at the performance of the last 6 years TRX has steadily kept going down meaning that it simply cannot exceed its old highs.
In other words gold going back up in no way means this will affect TRX positively so what difference does it make to hit gold bottom?
2)
In the last 6 years the shorts have been in the driver’s seat. How do we know this will not go on indefinitely this incessant shorting? If as we are told none of the TRX funds liquidated in this last fiasco than it means the shorts can get an endless supply of stock to short and how do we know TRX won’t get pummeled even more for years to come. After all they have been at it for 6 years and they sure seem to be doing pretty well for themselves.
It would seem that between gold having had no substantial effect on the TRX price and a seemingly unlimited short activity this investment simply is not a good one. What have I overlooked?
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