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Has A New Gold Bull Market Begun?, page-73

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33,110 Posts.

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16/02/16

07:34

Post #: 17027677
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Originally posted by Bull Of ASX ↑

That little birdy could well be spot on because the overall US markets look like they're going bear.

A huge bear market seems to be upon us and gold is usually the survivor.

We've been bullish since 2008-2009 now there's a crest forming and we are now at the other side falling.

The question is how low will we fall before a new bull market forms and for how long?

Will it fall to 12000 or 9000 and then recover,how long will that take,1 year or 3 years?What will be the effect on our ASX,4000 or under?

Which of the ASX Gold stocks will continue to rise during the coming bear market?
For LTers it's not much to worry about but for STers and DTers it's a nightmare walking.

Maybe that's why it's very volatile at the moment,to prepare traders.

The extremely wealthy have loaded up big time on oil,commodities and gold,being at lower prices.
Now they'll make safe profits as those rise and the indexes conveniently fall for when they can pour the profits made back into a new bull market sometime in the next 1-3 years.

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Why would wealthy people own gold? Where did you get that from?

I could be considered wealthy, but I wouldn't dream of owning the stuff unless it was super cheap.
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0 Great analysis

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