RE: RE: RE: RE: Congrats & ConfusedAll good points....
I'll nibble as well, mainly as a long term investment and gng should not follow the pog. Heck....we were 100 % higher at $500 gold.
Could see it yesterday some majors - aem, gold and slw - traded a little toppy. It's been a good move. Most down 1 to 2 percent in preparket. You learn more on how a stock trades if the pog rolls over than on a spike.
Gold could roll to $980 and we should hang in there.
Waiting to see if the pog can decouple from the dollar. At some point it has to.
Until then....the black box lemming trade is in control.
My gut tells me its soon time to decouple.
But if B.B. nudges up rates? A hair? He should but the Fed has been behind the curve for years....why change now?
Obama - Nobel Peace prize? Like the election, the economy, this market's pop since march...alot of investors are trading on HOPE!
And we're " hoping " for good news as well.
Good luck......i hope.
:)
p