Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

I opened a short, what was I thinking, I'm in big loss, what do...

First 79106 Last

Share
Profile

Follow
Dude1

258 Posts.

23

24/06/20

06:07

Post #: 45406264
Share

Originally posted by Skol: ↑

what distinguishes the past 2 economic downturns to this one ?
================
You're new to the thread? Lots of people are, they come and go all the time once they've lost sufficient money.

There's an economic downturn? Depends which industry you're in. If it's the airline, tourism, hotel, rental car business then yes, but not everywhere.

Why has the DJIA made a spectacular recovery? Because punters are expecting it be short-term - it's come as a shock to goldbugs to find that the DJIA has left gold in the dust recently. They waffle on about how a terrific crash is on the way, but they always do, they're always banging on about the latest 'global emergency'. Someone fires a shot in darkest Africa and there's warnings on the gold forum to hunker down and buy gold bars.

According to goldbugs a property crash is imminent, but it hasn't happened. While it's only a microcosm of the big picture I was talking to the builder who's building my new house yesterday. He told me he's had more inquiry in the last 3 weeks than at any time in the last 20 years and that he's fully committed until June 2021.

But...but...what about the ......

????????????????????????????????????????????//

Expand

I opened a short, what was I thinking, I'm in big loss, what do I do? Please help!!!!
2 Upvote

0 Great analysis

Reply

Top Stories

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Trump is President Again: What Does This Mean for Crypto?

HotCopper Highlights: Your most watched and most discussed stocks this week

IMU

Imugene kicks off Australian trial for blood cancer treatment

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 50,848 more messages in this thread...

First 79106 Last

Add GOLD (COMEX) to my watchlist