Comment by
Rollercoasterblues on Feb 01, 2016 10:24am
Regardless who wins the next election in the U.S.....Cruz,Trump, Sanders or Clinton.....the U.S will seem de-stabilitzed after Obama and the U.S$ is headed south and especially after a 6 year bull run....GOLD and BGM will benefit tremendously this year.
Comment by
Rollercoasterblues on Feb 01, 2016 10:30am
Those who are inclined to try and steal shares/bullion off of weakness tried to really shake the tree last summer and for a time in the fall knowing what was on the horizon......but each day we move towards that direction.....after a period of darkness.....the sun is about to rise again on gold and BGM in a big way.
Comment by
Rollercoasterblues on Feb 03, 2016 12:19pm
Didn't I say this a few days ago and now the following headline appears in KITCO? Ball of Confusion Intensified by the American Political Process is helping Firm the Price of Gold
Comment by
Rollercoasterblues on Feb 03, 2016 12:21pm
And this is bullish for Bullion: (today 12pm est) USD 97.60 -1.21 Dollar Weaker As Fed Dudley Warns Of Adverse Consequences From Strong Currency (KITCO ARTICLE)
Comment by
hammer161 on Feb 01, 2016 8:38pm
Check a 2 year gold chart again there Roller. Unless this "breakout" continues to above $1185US is will only be the next peak in a series of ever lowering peaks over the last while.
Comment by
pigbruinmcveid on Feb 02, 2016 11:08am
The odds of 2016 become a gold up turn year are pretty bad... maybe 2 in 20 versus 16 in 20 that 2016 is another down trend year. https://seekingalpha.com/article/3804706-outlook-for-gold-and-gold-equities-in-2016