Why is gold doing so shitty?

Now do that analysis when Gold is in a downtrend - like SPX was after 2000.

It seems you have to know when to slice the data to fit the narrative.

This applies to everything you trade though. Nothing just goes up continuously, I don’t know about you but I do use leverage.
 
This applies to everything you trade though. Nothing just goes up continuously, I don’t know about you but I do use leverage.
Has nothing to do with my trading.

I trade futures which means every trade has leverage. What does that have to do with what we posted about earlier I haven't a clue. Maybe you can expand on that - leverage and looking at up, down or a clearly sideways market.
 
Gold has never been a hedge against inflation. Inflation adjusted it is a money killing asset.

Compared to the good old days the physical market is massively regulated, you have to register when buying above x CHF or €, you have to pay for delivery and for storage, it's just a massive pain in the ass to deal with.

Trade gold futures if you find edge but don't invest for the long term. It'll just kill your account
Not if you like my buddy got in at $300/$400 range....
 
Gold / Silver / Copper quietly making strong moves lately. A lot of the smaller mining stocks got real cheap so the upside was quite nice on some of them. They may pop on anything remotely good at this point, most are at resistance or making recent highs. Especially with tax loss selling ending tomorrow.
 
That is flawed logic when you look at history.

with a bullet anyone can take your gold or anything else. why would i store it and hoard it? for someone to take?

what purpose does gold serve to someone when nothing is for sale? everyone needs everything they have to survive! prior there have been isolated catastrophic events, but one day there maybe a global meltdown where diamonds sewn into clothing and gold jewelry carried by refugees won't matter cause there is no place better to go.

be a trader not an investor - produce or conserve - kan't do both well.
 
Why is gold doing so shitty?

--->

Why is gold doing so well?


Its day range can easily exceed 18 points (1%).

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