GOLD 0.51% $1,391.7 gold futures

Been a real serious attack on pm's, the stench of desperation....

  1. 4,954 Posts.
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    Been a real serious attack on pm's, the stench of desperation. Like a suicidal charge from a position of imminent death to take out whoever you can in the hope some gain can come of it for your tribe.
    Dropped my goldies when it became apparent on Thursday and will happily pile into a vastly increased shareholding when the bottom shows.
    We can get caught by the lag between overseas action and the aus market on the way down but it acts in reverse on the way up. Can pile in early on the bounce and get out again every day with a take, following up each morning without any overnight concerns.
    Huge opportunity in this the last month of tax write offs combining with the imminent day of delivery reckoning. It's cost the crims a huge amount of gold sales to do it and the settlement coming will be epic.
    Last edited by sikadeer: 06/06/20
 
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