I think GE is going to play out like that too.
Gold, silver and precious metal miners : STRONG BUY, why?
- Thread starter Chris Mac
- Start date
I think everyone sees what looks like a hammer bottom forming on the dollar.
lately gold has been rather trendy.
soon financial experts would say it is long term buy.
let's see who is going to speak up.
few days ago, one expert / reporter said
because of Turkish Lira problem,
people bought US$ (and sold Gold ) as safe haven.
Expert said :Buy gold as safe haven.
Expert also said : Sell gold also as safe haven?!?!
soon financial experts would say it is long term buy.
let's see who is going to speak up.
few days ago, one expert / reporter said
because of Turkish Lira problem,
people bought US$ (and sold Gold ) as safe haven.
Expert said :Buy gold as safe haven.
Expert also said : Sell gold also as safe haven?!?!
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I've had a position in WPM (silver, gold, cobalt) streaming company for a while now. Volume too low for options. Recently sold off half, though the future looks promising.
What I can't square is the Trump factor. Things in the past that make gold jump up don't seem to matter now. Dollar goes up, gold goes down, dollar falls gold stays flat or drops slightly. With all these tariffs going on, it's obvious, to me anyway, serious inflation is around the corner. Is gold not a good hedge against inflation?
If we get a corrective drop in the dollar, that should put gold back on the rails. And Trump is for a lower dollar, so why isn't he talking it down?
There's my head scratch gold rant for now.
