RE:My guess on gold with a tough Fed at the helm
bdog123 wrote: We will see gold into the 1,500.00. Foirget about making money in this market. I have never seen it like this in 50 years. In the days of freedom, things changed, but now with full control on the throttles by the fed, the PPT, computer algorythmic grading, and the dishoest allowance of manipulation of various types, we don't have much of a change.
Bdog
I agree that it is very discouraging and disheartening at the moment in the gold sector. But as you well know that is the time to load up on quality stocks within the beaten up sector. Now and over the next few months is the time to buy gold stocks not sell.
However for anyone with tax losses consideration has to be given to selling and deploy the capital elsewhere. Gold isn't the only game in town. Oil and gas stocks could possibly outperform everything else in the short term given what is going on in the world right now.