AVERAGING DOWN IS TOO RISKY FOR MEGLTA - I won't risk anymore hard earned money. Too much invested to sell, not enough confidence to buy. It's a terrible place to be. I still think the mkts will crash. I thought it would have happened last year in the fall but maybe this year.
Gold is a fear play, so the reason its going up is because everyone in the knows that things are not good. When things are fine, interest rates control gold. We did see that when the USD was up, gold was down.
Not sure what the FEDs game plan is but I'm suggest they're propping up the market. There's so much money on the sidelines waiting to jump in on a drop.
Crazy times for sure. God speed, God bless!