SG,
Like I said I cant see the future and I dont know what is going to happen to Euro, but I still wont bet against ECB or FED.
I dont know the answer to Europe or US or world economic problems.....but I see sentiment is good for GOLD at this time and there is more probability making money from NCM going long than short.
The rest does not matter too much for me, but I understand where you are coming from.
There are big funds out there going short on Gold futures but equally there are huge long positions.
There will only be one winner and I dont know which one
but in time everything will be revealed.
I like to focus on my trade and do things that I think I know as I dont know alot of things.
NCM is a bit disappointing today and I believe traders are super cautious before ECB meeting and other stocks like RIO and BHP the same, there are lots of nervous traders.
I will hold my long and have added RIO which I picked under 50.....I believe in my judgement and will stick to my trade and there may be more rally after ECB meeting.
Cheers and stay safe,
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