most of us probably listen to KWN, but always remember that they are far from impartial, and if they have any doubts about their own theories, they are not going to tell us that side of the story.
Will let the shorts and squid take it down, watch closely for a turn around in sentiment and ave down, pretty much what everyone else on this thread is probably thinking.
If Greater Asia Market is thinking the same way about Gold, then I wonder when it will become cheap enough?
I think cost of production world wide is about 1,000USD/oz?
So many shutdowns would occur to damage supply side b4 this.
Lots of ugly hedges set. massive technical damage done.
Really, Gold needs a Left field event to escape the squid.
Ironically the squid is making money whichever way Gold struggles.
Maybe should have hedged with GS shares, may as well buy monsato at the same time - yuk.
Perhaps an investment into an Archery chain in the states?
most of us probably listen to KWN, but always remember that they...
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