Gold below $ 1000
I’ve read too many permabulls lately, it’s time for some different opinions.
https://www.youtube.com/watch?v=x7rVZXqyUJ8
I’ve read too many permabulls lately, it’s time for some different opinions.
https://www.youtube.com/watch?v=x7rVZXqyUJ8
I interpreted it differently. In a crisis all assets get dumped
We’ll we know what gets bought after the spike repricing in all assets
They buy gold
Also. Not sure. Seems many are saying all the bullish perspectives
Seems to me the board is bearish and seems that many have just given up
On gold. Me I’m now apathetic. Expecting gold to do nothing the rest of my life
yup, way too many bull sites pushing hard again, they must feel the dump coming and need to unload their basket. Gold landed in middle of long term boly band support and nothing broken yet, tgz, fvi ripping fine. some ideas below
https://stocktwits.com/CUPandHANDLE_CHARTS
Mamare here is something for your bearish viewing pleasure… enjoy
https://www.youtube.com/watch?v=VFfWa5s1-4w&t=0s
Jim Rogers. Obviously great background Remember him being a long term bear on stock market in 1980
Sometimes I think he has other ideas
Coulda, Woulda,Shoulda. He never says anything helpful for his own country.
IMO he says a lot and those who think otherwise aren’t listening to the man. Listen to it until all your pre-conceived notions have left and you can absorb the message. just because it’s not what you want too hear……not saying I agree with all of the message doesn’t mean the concepts don’t have merit.
The man stated that not once has he sold physical… did anybody hear that? not once in 40 yrs…. and he is thinking of buying more if it dips below $1000 US? He is buying Ruble denominated SM and China SM did anybody hear that? Did he at all mention buying mining stocks or commodity stocks listed on the NYSE or the TSX?
Is this video edited and did you hear the entire interview probably not but what I did hear was IMO not Bearish Gold (real Gold the actual hold in your hand physical Gold) real gold not paper tho he did mention futures did anybody hear that part?
IMO many posters here at the tent seem to equate Gold with the GLD or the PM’s? IMO Gold is shiny yellow metal that you can hold in your hand and it is actually heavy. just my .02
All I know is that in late 2015, there were calls for 800-900 gold all over the internet–that level was the final drop needed to wring the last few ounces of bullishness out of the perma-bulls…well, we all know that didn’t happen..PMs took off on a scorching rally–CDE went from 1.56 to $15…gold sentiment has been totally washed out for years…never mind that a small number of perma-bulls and their sites keep churning out “to da moon” forecasts…PMs could take off at any time–all PM rallies start “out of the blue” with seemingly no warning…no “news”, no tech/charting bell ringing and no event…tough to handicap…