GOLD 0.51% $1,391.7 gold futures

a question, page-2

  1. 716 Posts.
    haha...yes it always is. I've followed gold fairly closely since 2003-04. Whenever it has a strong run up or down there's people congratulating themselves and others defending their, at that time, wrong short-term view.

    I'd say technically gold does not look too gold short-term but longer term the fundamentals for gold look good. The issue for bulls is that a downdraft like 2008, if repeated, will see gold probably go to 1100-1200 before taking off again so you have to be ready to ride the rodeo.
 
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