How many of you folks are all in gold because you believe gold=money or 5000 year history of monetary base is some form of confirmation? I won't even go into the conspiracies because they are measuring the length of a piece of string.
Well gold has been falling since 2011 so the trend is down. It made a comeback from Dec 2015 low but at the time you had to be brave calling a low in gold price. I keep an open mind regardless of what the fundamentals driving gold. Martis and Skol are at opposite end of the spectrum.
I use charts to make my decisions to a certain extent and read up on the fundamentals. I never know where price is going. Currently I can only suspect Brexit but if the stay camp wins how does one sees the momentum in gold price?
Seems like gld price not hitting $1300 tonight.Hmmm, page-26
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