After 7 sept going into oct, the real value of gold will show as long as US and iran dont be naughty - reports of US short of missile so less likely to resume large scale bombing before nov mid-terms.
buy now so you can breakeven and exit easier/sooner by year-end.
yes, markets been breaking all the academic theories past 2yrs. Gold behaving like risk-asset (e.g stocks) instead of safe haven/buffer. Bonds as well. Almost every asset moving in same direction (+ve correlation).
only exception recently is oil
buy now so you can breakeven and exit easier/sooner by year-end.
Will it be too late? Already up 300 points from 4k
yes, markets been breaking all the academic theories past 2yrs. Gold behaving like risk-asset (e.g stocks) instead of safe haven/buffer. Bonds as well. Almost every asset moving in same direction (+ve correlation).
only exception recently is oil
If you use the previous bull run to 5k the speed is quite fast within days like US stocks so I believe semi-active monitoring is needed. I never thought gold works like stocks so scary.
