Don't want to jinx this, but I purchased a round of gold bullion around $1200.
The rhetoric on Gold has been quite ugly this year, and far more cynical and evil towards gold than the markets.
Maybe this isn't THEE bottom, but the downside from here appears to be limited, in part due to the very oversold nature of it AND the mining stocks, the usual bad June it has, and now that the taper talk is out, it'll probably rise or worse trade sideways until QE5,6,etc. (up to 99 as Faber so aptly put it) is announced and launched.
Also, the quality mining stocks ought to be worth a poke or two, as opposed to all other sectors in the S&P.
May have bought near the bottom
Started by
nimblebear
, Jun 28 2013 04:24 PM
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