RE:Here's a couple of great headlines for goldbraindeadoldguy wrote: Hedge funds got caught with their bearish bets on gold
GLD holdings explode as investors rush to safety
We may be on the cusp of a great move in gold. Everybody is ducking for cover right now with the Fed speaking on Wednesday. Look where the money is going, thanks a lot to the meltdown in the cryptos and markets, as well as the inscecure feeling that rising interest rates and inflation may inflict upon us all.
I think and hope that $ 1,850.00 is in cards this week, and not just a bounce off it, but a break through it, and the best stocks will explode in short order. Hang in there folks. The best is yet to come.
Cheers
Gold will reign supreme as it always does during times of turmoil. The tide is turning. Anyone with cryptos are in for a rude awakening in my opinion. Anyone looking to protect their wealth must own gold. It is like owning insurance for when the sh*t is about to hit the fan and it has already begun. Both China and Russia are in bed together and they will both time their military moves in unison. And the Fed are about to raise rates (if they can) which is already sending the markets into a tizzy. I agree that gold is about to make a strong move upwards.