NO matter what is going on in the broad market , the gold market remains firm . which is a positive. not inspiring to place a big bet.
i am intrigued by platinum. . the sppp has price appreciation built into the price any ideas of a different vehicle?
miners outgained the metals yesterday , which is always a good sign
i am just sitting. cash in hand. lots of possible catalysts coming up. the indian budget is the one i find intriguing feb 1
the fed on deck. i dont expect powell to make waves at this meeting
government strike continues
dharma
are you all in cash amigo? do you have any longs or a core position? I am currently about 30% long, amazing that gold since its Jan 4 high near 1298.50 gold has traded in a $12 range, "so far" I consider that a very high level consolidation
Senor
agree on high llevel consolidation. i am long , long very long. but i have about 30%-40% cash. i sold gg. which i have had for quite some time. like more than a decade. i am of the mind we get resolution of this tr soon. we shall see
dharma
OK thx, sorta thought that was the case, havin ample cash here with core longs seem to me a good way to play it for now.
Senor