Gold

Maybe is a bit too high at the moment? Maybe it is just a natural cycle in the price of the metal? Don't panic? Teehee.

 

Bring it back to 1300$ or so, that seems "normal".

 

By the way, you never owned up on your responsibility for me having to post that traffic-light song.

 

Could be a bit high hmmm:

 

Yeah all other metals look good, copper, lithium, iron ore, aluminium, even oil, but maybe rotation of money outta gold into a bit more diversity, definitely no bear mkt in sight atm.

 

Gold stocks enmass seemed to know ahead of time on Wednesday the gold price fall which came Thursday US time.
On close inspection I see nothing to panic about, I'm holding 5 gold positions and will live with the pain.
Today about 95% of US listed gold stocks fell from my rough observation.

 

Rooting for you.

 

Last two days has seen gold rise by USD35 and approx $50 for the previous month.
Below is US gold price (green) vs AUD gold, 1 year chart.

 

Today I couldn't resist the temptation on this dog and bought 21,000 shares at 48c ea.
Bottom call!

 

You're nuts. I wouldn't touch that chart.
But if you know their story....
Either way... g/l Mick.