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$1,391.7 gold futures

im still waiting for that end of year shallacking high cot etc,...

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shakespeare

2,124 Posts.

45

18/11/17

00:59

Post #: 28910414
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Originally posted by trader8888 ↑

One thing that is a given... is that nothing goes up forever nor does anything stay the same forever. Anyone who thinks otherwise is an utter fool and will learn the hard way eventually.

Gold has bucked the trend this year with robust gains in spite of raising rates and surging equity markets, this fact gives you an insight as to what the gold price will do once this current cycle comes to an end, which it eventually will.

Even at current prices there has been plenty of money to be made with AQX rising almost %100 in the last few weeks, KIN up %25 off recent lows, PRU offering great trading opportunities, EAR up over %100 and earlier on in the year with BCN and CDV offering multi baggers.

Anyone who totally dis regards gold and gold stocks value especially at certain times in financial cycles obviously isn’t someone who should be giving investment advice. If anything all it does is put on show just how naive and arrogant one is... this combination usually doesn’t end well.

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im still waiting for that end of year shallacking high cot etc,
its getting a bit late,
those hit downs are having less affect rapidly.
maybe the bankers are finally forked.
are the chinese finally saying enough?
1 Upvote

0 Great analysis

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