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My latest thoughts on Gold


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#1 tria

tria

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Posted 31 August 2014 - 10:53 AM

I don't care if Gold drops or doesn't drop a bit on Monday in Asia and/or in Europe but the week should end up strong. On the other hand I am thinking that we are in a trading range, say $1280 on the downside and up to about $1340 or even a bit higher by mid October. The US mid term elections and/or the Russian situation may be a reason that Gold is being capped by the Comex Mafia. Pls note the further into the future I look at, the less reliable I feel my view becomes. -tria

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky