Post by
geezer21 on Jun 10, 2022 10:58am
Finally Up On A Down Day In The Market
Finally, are people catching on the gold is a inflation hedge?
Comment by
geezer21 on Jun 10, 2022 12:59pm
All the profitable gold stocks are going gang busters today. Looks like people holding gold or miners will only take devalued dollars if buyers cought a lot more of them - inflation.
Comment by
geezer21 on Jun 10, 2022 1:44pm
With all the gold miners moving in unison it is very apparent that algorathims control the trading.
Comment by
geezer21 on Jun 10, 2022 2:12pm
Obvously the algos are programmed to forcast the macro direction. That is an advantage to know because if you get the macro picture correct the algos will reinforce you.
Comment by
classicact on Jun 10, 2022 1:37pm
Yes, I think the light finally came on about longer term inflation being a reality. Took a starting position today.