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Poor gold bugs....


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#1 CLK

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Posted 21 June 2022 - 12:28 PM

....1850 for life,

both NUGT and DUST lose.

#2 fib_1618

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Posted 21 June 2022 - 12:38 PM

Rising interest rates is gold's worst enemy.

 

Fib


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#3 K Wave

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Posted 21 June 2022 - 03:46 PM

Huh?

 

Forget about the last 40 years...game has changed....back to the future....

 

gold-rates.png

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4 linrom1

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Posted 21 June 2022 - 11:16 PM

Huh?

 

Forget about the last 40 years...game has changed....back to the future....

 

gold-rates.png

 

 

That's the real relationship. Rates have to rise in all the banana republics. 40-years of China imported deflation are over.


Edited by linrom1, 21 June 2022 - 11:18 PM.


#5 Russ

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Posted 22 June 2022 - 09:38 PM

Patience, Gold should start to move up in July....   

 

gold-seasonal-30-years-2018.06.27.jpg


Edited by Russ, 22 June 2022 - 09:42 PM.

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#6 Rogerdodger

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Posted 22 June 2022 - 10:07 PM

The "line in the sand" is clear to me.  We are close to it.

https://schrts.co/CpePhVmG