GOLD 0.51% $1,391.7 gold futures

Five countries with the world’s biggest gold reserves (RT), page-68

  1. 2,035 Posts.
    lightbulb Created with Sketch. 851
    https://hotcopper.com.au/data/attachments/1761/1761242-496e3641c79f0c034cd109d58ff546d9.jpg
    So the best they see for next year is 2% growth.
    The pumps are running flat out interest rates going
    back down and liquidity injections now the new
    normal but is it ?

    What is normal anymore?

    I read a comment yesterday short but to the point.

    "At the end of the day we are in the midst of the greatest
    financial experiment in all of history"

    Very true we know the situation the pumps are running hard
    everything is inflated and now the effect is minimal. Like a
    heroin addict the hit has to keep increasing till overdose.

    $1480 to $1490 is the support area for gold numerous
    rejections from this area. While gold is above support
    its a bullish scenario. In fact buying at this level has
    been a winner every time.
    $1530 is the break gold bulls need for the next leg up to
    close near $1600 yep you read that right.

    Good luck what ever your strategy.

 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.