Today we talk about something else.
I read today that many GOLD lovers are bitching about gold price. The sudden drop last week saw many of them losing their nerves. Many of them are buying thinking that it will go to $3k, $4k or $5k soon because of what they have been fed via the MSM.
This week, gold is trading as high as it was back in 1980. It is just that many do NOT SEE IT because they are not looking at the right chart. If history is a guide, do look at what happened after reaching the TOP on 01/1980 @ $873.00
My advise is - there are many things we can buy now. Gold and Stocks are definitely not any of them simply because the price is way too high now.
Good luck.
P/S : Of course it is best you do not listen to what I say. Use your own common sense.
I read today that many GOLD lovers are bitching about gold price. The sudden drop last week saw many of them losing their nerves. Many of them are buying thinking that it will go to $3k, $4k or $5k soon because of what they have been fed via the MSM.
This week, gold is trading as high as it was back in 1980. It is just that many do NOT SEE IT because they are not looking at the right chart. If history is a guide, do look at what happened after reaching the TOP on 01/1980 @ $873.00
My advise is - there are many things we can buy now. Gold and Stocks are definitely not any of them simply because the price is way too high now.
Good luck.
P/S : Of course it is best you do not listen to what I say. Use your own common sense.
Comment:
We are approaching similar situation NOW - inflation - rate hike - geopolitics
What I am seeing in my chart now is exactly what happened in January 1980. Prices are now doing the last PUMP before the DUMP.
seekingalpha.com/art...0s-why-its-important
Inflation is falling. Once this fact sink in, then there would be quite an adjustment to XAU.
How do I know inflation is falling? Of course its falling. I know because Shimano Groupsets price is now back to the same as before Covid. 105 and Ultegra are more affordable now :)
What I am seeing in my chart now is exactly what happened in January 1980. Prices are now doing the last PUMP before the DUMP.
seekingalpha.com/art...0s-why-its-important
Inflation is falling. Once this fact sink in, then there would be quite an adjustment to XAU.
How do I know inflation is falling? Of course its falling. I know because Shimano Groupsets price is now back to the same as before Covid. 105 and Ultegra are more affordable now :)
Comment:
Comment:
Get ready :)
Comment:
D @ 1940.00
Double top range should be 1940/60.
Good luck.
Double top range should be 1940/60.
Good luck.
Comment:
There was no reaction @ 1940.
Next would be 1972.00. I will wait for a reaction here. If price still go up without a reaction, then there would ne no trade. We will have to wait.
Good luck.
Next would be 1972.00. I will wait for a reaction here. If price still go up without a reaction, then there would ne no trade. We will have to wait.
Good luck.
Comment:
Aluminum
Platinum
Palladium
Zinc
These are some of the important metals in life, without which we may not live as comfortable as we do now. Do check on their prices NOW. Then compare to XAU. Perhaps we can learn something from it.
When trading, it is always necessary to look around - instead of focusing on just one metal.
Good luck.
Platinum
Palladium
Zinc
These are some of the important metals in life, without which we may not live as comfortable as we do now. Do check on their prices NOW. Then compare to XAU. Perhaps we can learn something from it.
When trading, it is always necessary to look around - instead of focusing on just one metal.
Good luck.
Follow closely and I will share once the time is right to SELL :)
Good luck.