GOLD 0.51% $1,391.7 gold futures

economics 101, page-13

  1. 811 Posts.
    skol, thanks for the response, i look at gold for its pull back, question is how much lower will it go? gold over time has always gone higher with pullbacks along the way, it's clearly a timing thing and my exposure to gold is really through the mining side which gives large leverage to pog movements, during gfc i felt nothing was really wrong but the markets dropped like a stone then back up again! with gold it's value is dropping the same but in my opinion gold is better then ever so i'm expecting in the near to medium term gold to recover and go on to new highs. With the way gold has been trading and the media coverage this looks to support my theory.
 
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