Rises, I have missed a lot of gold stock opportunity not because I don't think much of them. I just stuck to the strategy that it had to be trending up first! I would not feel comfortable buying yesterday's darling knowing that gold is still in a bear trend only recently starting the "trend reversal". Until gold does the confirmed reversal I can only assume it is a bull spike. If that was indeed a bull spike, what will happen to those holding yesterday's darling? I have also consistently said that I treat gold like any other commodity sector. Gold has shown some life while the rest of the metals were dead until very recently.
I am now starting to contemplate IO again but VERY cautiously. Hence I find these talk of market crashing or USD turning to shites are just very tedious. I just flipthe Sp500 and it instantly tells me the story of the trend, not but or if. ASX needs catching up but I suspect the China economy is weighing it like an anchor!
That is it basically and I have learned not to predict what will happen next year let alone tomorrow. It is not something I can control.
What do you think of Lithium? Flash in the pan or there is something solid under some froth?
Thanks rises in advance.
