I don’t get it. Just do not get it. Since 2011 gold has been a fools game with short bursts of profit making moves. Very short bursts. Then it is back to grinding grinding grinding…<\/p>\n
Oil can keep marching ahead, day after day, week after week, going up in price.<\/p>\n
Gold fights for every step up, tooth and nail, then gives it all back like coming down a greased pole.<\/p>\n
Don’t preach charts, how about an explanation? Think of the bull moves in steel. Copper. Basic minerals. Look what’s happening in uranium.<\/p>\n
Gold production is down. Miners are cashed up and making $$$ by the boatload. Debt is way down. Central banks keep adding. China demand stays strong. The folks in India are back and buying with both hands.<\/p>\n
And here we sit, hoping and praying that someday the gods of investing might allow the price of gold to actually be discovered.<\/p>\n
Enough to make me puke. Pardon me while I do…..<\/p>\n","protected":false},"excerpt":{"rendered":"
I don’t get it. Just do not get it. Since 2011 gold has been a fools game with short bursts of profit making moves. Very short bursts. Then it is back to grinding grinding grinding… Oil can keep marching ahead, … Continue reading