RetnaNicharee

Gold : Waiting on Confirmation That Lows Are in Place

Long
RetnaNicharee Updated   
FX_IDC:XAUIDRG   GOLD / INDONESIAN RUPIAH GRAM
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I wish I had more to say this week, but who wants to hear a running commentary on how paint dries..
Comment:
Comment:
"If you’re an investor for the long-term, there is no alternative to physical precious metals, imho. Gold rose over 60% in the 1930s as the prices of stocks and real estate crashed. You could buy an entire block with a one ounce gold coin. Gold rose 24x in the 1970s, silver 36x. Gold rose 8x in the 2000s. Silver jumped 12x. Follow the Smart Money.
The rally in precious metals and miners has barely begun and will run for years, imho. Given the amount of currency printed out of thin air, if history is anything to go by, the gains will be enormous, especially in real terms." ~ David Brady
Comment:
Oct, 2020: "Anyone who is panicking about missing $100 on this rally is a complete idiot. We still have 5-8 thousand dollars to go in this market. We are just getting started... But scary pullback ahead to reset euphoric sentiment first." - Gary Savage
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