I am still very confident in the gold price, China now allows institutions to import masses of gold, this kind of activity in China helped drive up the price in the 2000s.
however, The stock market seems to have begun its parabolic upswing which signals that a high will be reached soon followed by a huge correction imo.
FFX is a great option to hedge your risks, I bought some more FFXOA on friday, yet we will still bear the short term fear in the market as nothing will be safe. In the mid term we will be fine, the bond market is already shite, bitcoin is looking riskier than ever and if investor sentiment turns against the stock market, gold/silver is the only way to go. I will be awaiting 15c per share earnings in 2023
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I am still very confident in the gold price, China now allows...
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