GOLD 0.51% $1,391.7 gold futures

gold, page-15624

  1. 42,926 Posts.
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    Reproducing your chart which I presume is the monthly, I see the US Govt debt rising while gold fell and was falling from the high set in 2011. It is also true that the long term trend is still rising technically speaking looking left to right but that is a hell of a give up on paper profits assuming you got in at the lows circa $250 as an example.

    We each have our own time frame of looking at the trend and mould our holding periods based on that. Some are obvious much longer term outlook that myself so I can understand for these group of investors, a monthly candle takes about 20 working days to form so a lot can happen in those days or nothing at all.

    If one is supercharging their exposure through the 'derivative' being gold stocks, then it is a matter of not holding on to the super destructive losers and there are a few high profile ones to date. How could one gauge which ones in the long term will value add to the SP? During the previous run through to 2013, I am pretty sure some of the high profile casualties had holders thinking they will also so very well in the long run. No doubt they were some gems in the sector but is it more luck of the draw than just a simple strategy? Something for each of us to think about.

    Differing economic times for a rapidly changing CB policies perhaps?
 
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