GOLD 0.51% $1,391.7 gold futures

gold is biding its time

  1. 4,242 Posts.
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    Gold is taking stock and biding its time awaiting the next cash fest financial drama / crisis etc etc.

    The ECB U.S Fed reckons they are serious about fighting inflation. However Inflation must run its course and do its damage, with Gold eventually shooting to the moon.

    In my opinion I liken GOLD to waiting at the door waiting to Pounce on the monetary authorities next blunder or next financial blowup. All this short terrm noise and technicals that GOLD is going to test such and such level nonsense is irrelevant.

    With Gold we are at the Bull shaking off its back as many as possible stage, before the next big advance. How big and brave Cowboy are you???.
 
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