Post by
bdog123 on Nov 02, 2022 8:11pm
My guess on gold with a tough Fed at the helm
We will see gold into the 1,500.00. Foirget about making money in this market. I have never seen it like this in 50 years. In the days of freedom, things changed, but now with full control on the throttles by the fed, the PPT, computer algorythmic grading, and the dishoest allowance of manipulation of various types, we don't have much of a change.
Bdog
Comment by
bdog123 on Nov 02, 2022 8:28pm
I am not drunk. I need to learn to proof-read. Sorry about my typos. at the end "we don't have much of a chance".
Comment by
Global1966 on Nov 02, 2022 8:32pm
By mid to late 2023 things should start to turn. The Fed has to finish Davos off completely first. A tough coming winter and high USD should accomplish the task. Once the tide turns, the USD will drop like a brick.
Comment by
Retiredgeo on Nov 03, 2022 7:38am
Queensway is located in Canada. All expenses are in Canadian dollars. Gold is holding steady in terms of Canadian dollars. Non US citizens who have bought gold are doing well in terms of their local currencies. Gold mines located outside of the US will also do well. Doom and gloom talk is locality specific. If you send your currency to the moon you pay the price.