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$1,391.7 gold futures

lol hold will be volatile if the's lockbdowns are reversed.

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sunnyskies

7,358 Posts.

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24/03/20

12:57

Post #: 43667497
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Originally posted by AverageJoe: ↑

A banking crisis aka nationalized or worse follow Lehman's fate to the grave does not help anyone including goldbugs. Buying gold bars to protect one's wealth is like stocking up on sanitizers preventing infection. I'm trying to find some sanitizers just to cut down the risk, hold should be viewed in the same manner.

Various proactive funds were commenting that the market is trying to figure out:

How bad the infection/mortality is?
How long will the lockbdown last?
Will there be reinfection?
How long to the discovery of meds and/or vaccine?
How long will the economies take to return to normality or could it?

The's are some of the Q I would be looking at to gauge, a very unscientific method. Facts are unfolding deoendent upon media outlets. In time it will recover but we do not have much historical lessons or events to look at to forecast. Go back to 1929?

Goldbugs are great at making yearly predictions but how does one profit from the misery? Misery of euphoria and rose eyed ignorance. We've all been there unless or at least I have.

Just like property investment it is timing, timing and timing.

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lol hold will be volatile if the's lockbdowns are reversed.
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