gold, page-82753

i wasnt logged in so i was exposed to the crazy posts.
Anyone that has losses in the gold market had plenty of time to minimise exposure.
All the shorts are looking at the high price and - like every other peak - are calling the top (and shorting more!). Even tho the environment in which gold has risen, hasnt changed.
Betting against a trend is like standing in front of a train.
Betting against an asset that rises in times of economic uncertainty or in times of global tensions between super powers is not something i would do.
Too hard, carrying any losing trade till it turns around - and doing it against the trend -thats a recipe for financial disaster.
Yes gold is up but its only now starting to search for true value.
Could invest in the banks i guess? Solid divs, sure to come back to pre CV19 sp levels.