Originally posted by scooterscot
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Gold
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Originally posted by DimPrawn View PostThe only way gold is going to fall is if interest rates in the USA rise really fast to seriously big numbers, government pay off all their debts and everything is rosy in the world again.
Not likely. More likely is the gold price doubling by end of next year.
Lesson of the day: How to call out the bulls.
Any more hot tips?
Last edited by scooterscot; 19 March 2020, 10:05."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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That chart, over the past month, doesn't look as unhealthy as most other asset classes (including crypto).Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostThat chart, over the past month, doesn't look as unhealthy as most other asset classes (including crypto).
In my opinion gold will be downward trending until Spring of next year to $700."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Thanks for bringing this thread up, really enjoyed reading it again.
Valuable lessons can be learned. This time it's different™Comment
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Originally posted by WTFH View PostI preferred Through The Barricades.Comment
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It is interesting how many folks were bullish on the shiny metals yet bearish on Stocks (myself included) - never underestimate the power of uncontrolled central banks.
Have learned to take notes against my trades since that time. Without note taking, I've no idea what my thinking was at the time of the trade."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostIt is interesting how many folks were bullish on the shiny metals yet bearish on Stocks (myself included) - never underestimate the power of uncontrolled central banks.
Have learned to take notes against my trades since that time. Without note taking, I've no idea what my thinking was at the time of the trade.
"This cannot fail, this time next year I will be a millionaire!"Comment
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Originally posted by DimPrawn View PostI know my thinking everytime I trade something.
"This cannot fail, this time next year I will be a millionaire!"Comment
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