gold, page-97397

Yes, in order to secure a boat seat or a safer trail by foot, gold is the preferred transaction. Unfortunately this is just a high profile use but a speck compared to global purchasers of this metal. I’m only interested in being on the right side of price trend. The long term trend might be up but the ST momentum is down.

From yesterday’s delivery of NFP, it rallied up to take out stops but did end positive. Good sign but the price personally is in between key levels or no man’s land. Is the bond yield rise over for the time being?

Not much trigger for me to start looking at gold sticks yet. Tech will be well supported but more for US ones. Ours here have been steam rolled over. Contemplated but not quite comfortable picking those pennies in front of that steam roller.

Gold has been a dead performer for a decade going back to that stratosphere as a metal investment. Bitcoin unfortunately has beaten it even with the 2017 collapse. No point going back 5,000 years.