gold, page-113060

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24/09/22

19:31

Post #: 63862823
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Originally posted by Oscarpitbull: ↑

october the bottom for gold price?
i said september - i may be a month off.

we havent even entered a gold bull market yet.

everything has taken a hit not just gold price.
silver price has held up.

the FED is almost done with its rate hikes. very soon youll be eating your own words. they will be printing faster than ever before.

juniors will run very early 2023 and watch the fomo make it run higher.

watch all those fixed property loans pre covid/during covid of cheap money finish very soon - a lot of borrowers are in trouble.

inflation is here to stay, the fed is bluffing with raising rates high to curb inflation - if this was true, they would be raising rates at 2%+ increments not .75 basis points.

ask the general public , friends, family, co workers - how much richer are they from a year ago? two years ago? three years ago? they have less money, less savings, less disposable income. people are living like peasants struggling day to day.
inflation is killing disposal income very fast.
property is in a bubble - how much richer are those who own property? they arent. its all a scam.
real estate agents have had it lucky.
look forward 12-36months from now - where is gold price and gold plays? significantly higher than today.
im putting my money where my mouth is and loading up.
property in aust will be smashed for decades

this is not investing advice. do your own research, i am not a financial advisor/broker. this is just my opinion.

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People need property, they don't need gold bars.

Anyway it's late in the day and I'll take a look at it tomorrow, but if you check a long dated chart of gold you'll see the time frame between highs can be many years.

Gold could be in a multi-year bear market.

Isn't it supposed be going up with all these bad things happening?
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gold, page-113060

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