XJO - Bear Posts only (Factors which might cause the markets to fall), page-23281

TBH when it comes to gold I always stick to stocks. But ATM as I said I am on the sidelines except for a small short (couldn't help myself) but nothing that will make me rich or broke, just a small bet for fun hehehe. Having said that seeing how things are progressing around the world I might have to change that and have a look for some decent gold stocks.

But I would be looking at it from a day trading or very short term perspective if I did. Basically the old "follow the money trade" but I hold nothing currently as I said. I just like gold and by default silver for obvious reasons. I should add though I don't like crypto/bitcoin. Its not "digital gold" because unlike gold it has no intrinsic value.

Might be why its been acting in reverse of what a "safe haven" should be doing lately .




P.S. I say day trade/very short term, because everything gets sold in a collapse/crash so happy playing it safe.