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The bottom?-in this environment-guessing game ..The facts-gold...

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dennismeddle

224 Posts.

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24/03/20

03:47

Post #: 43658473
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Originally posted by pintohoo: ↑

Hi all,

I just had a look at the chart - which is a double edged sword - because on one hand it's times like this that you can actually go back to believing in what a chart tells you like the old days - there's no bullshit bots playing funny buggers in the way to such an extent to overcome the human emotion that's readable - but, on the other hand - the human emotions are so wild and things changing on almost an hourly basis - that it's as good as pointless and you can get smashed against the wall in the next wave.

Hardly any point posting it - however, I didn't see anything that I could say was a bottom - it all depends on everything else -------- not a revelation to anyone, sorry.
If things were to calm down - I would say it has bottomed - at 10. - But, I can't see that things are going to be calm - indeed, I see a lot more bad news and panic coming - so, if I were to run with that - I would see 10 not only being tested again - but, broken --- sorry.
There's a lovely gap at 15/16 that will cover one day - when is a different matter - but, there's a good profit there if anything like normal ever happens again -
what else can one say? ---------- good luck all. No matter what happens - unless this virus bumps you off - we will all survive it if we wish - just a different world later

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The bottom?-in this environment-guessing game ..
The facts-gold stocks smashed-gold itself-has fallen in percentage terms nowhere near as badly-big disconnect.

Guessing another wave of selling in general market-gold stocks taken further down?Or may gold stocks turn soon?

A couple of commentators predicting that whenever/whatever the bottom is...from that point-gold stocks will be the place to be for large(potentially the largest) returns.

Breaker has a million ounces and growing.I'm in for the long haul.

If those commentators are right(who knows??)-then by years end -I hope holders can smile again..

For now-there are much bigger issues for our world.

BRB Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
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