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shaneos

6,946 Posts.

686

04/03/21

09:21

Post #: 51504299
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Originally posted by KnuckleSandwich ↑

Gold and Silver have one up day and Gold bugs celebrate thinking the down trend for Gold is over.
After just one up day Gold & Silver have resumed their down trend and they are going much lower.

Gold bugs need to be reminded Gold in AUD has already fallen $650 from its peak and Silver $7 AUD ... doesn't look too good does it? The world economy is waking up from the Covid shutdowns. The Gold pumpers & scammers are pushing gullible investors to buy Gold & Silver by using the scaremongering inflation scenario just like they did after 2011 and we all know how wrong they were then and will be again.

I expect Gold and Silver will fall as much again (Silver by more) and investing in Gold stocks is throwing money away.
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Thanks skol...same message daily from you here past 10+ years. Dragging knuckles out a good indicator we are ready for next leg up after this capitulation.
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