GOLD 0.51% $1,391.7 gold futures

is the gold bull over?, page-13

  1. 12,484 Posts.
    lightbulb Created with Sketch. 6
    Ha ha. I only read the 1st post, so sorry to reply out of order. But I'm having a laugh at the perennial HC gold bull who worshipped at the shrine of Sinclair but just sold his gold shares and said 33% chance the gold bull is over. Classic. You gotta know when to hold em and know when to fold em. Sinclair is a tool.

    The sell was 2006. Then play the spoils out of the GFC. Sell again 2009. Pay attention on the sidelines and look for a buy now. In the words of Sinclair "heads up". The clue will be signals in the +2m oz marginal producers.

    I love the gold bull, it set me up for a hedonistic life early on when my liver and testosterones could deal with it. Do I think the rest of the bull will give the same rewards? Possibly not, a good chance though it's still an earner. I'll tell you when the gold bull is over - it is when the Chinese stop paying spot to illegal miners. I.e. not now. Sinclair should know that playing around in Tanzania. Chance now is to retest $1300 - or whatever price the commentators make it sound like gold Armageddon - once there - weigh up the risks.

    I've been out for ages, but accumulating over the last weeks since commentating on this forum to ramp my position sans Sinclair conspiracy crap, but with regard to physical demand and cost per mined Oz.

    GLTA
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.