Post by
greendayyyy on Nov 11, 2024 9:08am
$$$
Since November 1, gold has already fallen by $160. I think we could lose another $150 before the next reversal. The price of mining shares could lose more than 20% in this fall. Where are the specialists who saw gold at $3,000 by the end of the year?
Comment by
georgemarch on Nov 11, 2024 11:30am
This is a nice/much needed correction in the price of gold. I look to the price of new homes in the US to gage the price of gold should be. It has worked very well for me. Gold was getting ahead of itself because the " hopes/prediction " of democrates doing well in the election. The timeline is too short for too many people/investors? .
Comment by
greendayyyy on Nov 13, 2024 11:45am
We've been in the red for several days. Where's the stop? With the dollar rising every day, it doesn't look good.