GOLD 0.51% $1,391.7 gold futures

I have been Naive in thinking that I could understand this...

  1. 1,484 Posts.
    I have been Naive in thinking that I could understand this chessboard.

    The moves on the board are not clever strategy, they are a drunken dance of musical chairs and looks like GS, Buffet and Soros control the music. Putin, China, Middle East ect, may by taking pawns and advancing towards end game, but US still control the board.

    I would have been better off using the time to do something more productive towards financial freedom than gambling on Gold stocks.

    I am guessing that the POG is set by so many people trying to do the same thing, and that has filled the POG with hot air, how much remains to come out, probably not much.

    Gold can no longer be tracking money supply - not closely anyway.

    Think I will sell into strength if it ever returns.

    It is odd that Commodities are so unloved, even though the equity markets look optimistic. Or is it just desperate money seeking yield that will have to be justified sooner or later.

    Thanks for those answers


 
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