Buying GOLD

[padutrader]

Seems as if the cure for the illness is more poison. (LVM)
If gold rises with inflation, then fundamentally shouldn't the Bulls be on cruise control. Trump re-election is already priced in, surprise not re-elected will be the catalyst

cure for illness is more medicine but ultimately it is the medicine that kills the patient.....no one can predict when that will happen.
but when it comes, everything will eventually fall even gold because it is liquidity that drives prices.
Also do not forget that, if stocks and bonds crash and gold goes up, gold will be sold to offset losses in other asset classes and that is why in panics, everything will fall.eventually.

 

[RainMaker3000]

Looks like Stocks are setting up to rally into new highs...with that in mind I think there might be a slight downdraft in GOLD,

 

[RainMaker3000]

Looks like Stocks are setting up to rally into new highs...with that in mind I think there might be a slight downdraft in GOLD,

Testing the $1450 level, let's see if it holds...

 

[RainMaker3000]

Testing the $1450 level, let's see if it holds...

It looks like the Fed hit the play button on the GOLD rally, lets rock and roll, see ya @$1550

 

[marameo]

https://www.man.com/maninstitute/gold-mercury-for-the-financial-system

 

[Variss]

Fundamentals certainly play important role in price of both USD and gold. In addition, they are negatively correlated. Elections in the US have always had big impact on FX market, so it will be also case next year. I am sure that best strategy for gold is buy and hold