GOLD 0.51% $1,391.7 gold futures

Hi Ophir, Yes, Aussie stocks. Asia/pacific, US, Japanese,...

  1. 32,985 Posts.
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    Hi Ophir,
    Yes, Aussie stocks. Asia/pacific, US, Japanese, natural resources mutual funds, all kinds, add to most of them each month, seems to work, has done for decades. I've seen a few crashes, most of them on the chart look like 1987, Nasdaq 2000 or gold 2011, I'm not in the least concerned about a crash.

    There's always corrections, but the gold 'correction' isn't anywhere near over, SPDR GLD inventory decreasing at a rapid rate which means gold fans are liquidating - fast.

    I saw an article yesterday, gold and silver 'expert' Jim Sinclair pleading with gold and silverbugs not to throw in the towel, because salvation is at hand. The HUI's at its lowest point for over 9 years, could a gold implosion be imminent? Maybe.

    Record gold production last year, chinese and indian demand way down, sentiment as bad as it gets, property's up, US recovering, interest rate hikes on the horizon, tourism, airlines, it's all good, and it means this for gold.

 
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