RE:RE:RE:RE:RE:RE:GoldIf Gold gets down into the low $1500's if not as low as $1470 I will pour a large portion of my PF in and treat it as a Future... I do see where it could do that, not because of what is happening around the world but rather because the way the markets are rigged.. When you simplify things and look at the worst case scenario more often than not this is exactly what happens. I believe it is called contrarian thinking and that is where the large money is made.. When Gold loses it's shine it is time to pile in and wait it out because we all know the world is messed and the next time Gold runs it will run with furor..
The next run will show us why the Cup and Handle comes into play with the handle showing tremendous upside. Will it top out at 2600$ or will it break $3000.. no one knows but in due course it will happen. History has proven the next run may take out $3000 if not a whole lot higher.. when i look at how it moved in prior runs it will be exciting times if companies like AMK aren't sold sooner.. All this tells me is I welcome any weakness that comes my way.. I care less about the quick trades these days, this is now patient money. I get the feeling I am not the only old timer here lol...
Long on AMk...