GREY:VITFF - Post by User
Comment by
Swingandmisson Oct 27, 2023 9:28am
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Post# 35703790
RE:RE:RE:What Am I missing
RE:RE:RE:What Am I missing Barrington,
go look at the chart of gold right before the attack of Israel. Gold had broken a key resistance level and was down to 1833 and heading lower. Comments were being made on this board about how the hedge by JM was looking good.
Big picture, I agree gold will be above $2000 at some point next year based on fundamentals, but not now. Every time we get news out about strong economy or inflation picking up gold has gone down. Miners won't recover until the economy slows and the dollar goes down.