> What is your outlook these days? on gold that is.......
Cool, calm, and relaxed ....... Stuck to my prediction gold/silver were going nowhere all summer and stayed out. We are at a bottom, but that doesn't mean we are going to shoot up, sideways is always a possible direction.
I know what stocks to buy and the price I want to pay for them. Last week I said I wanted some NEM under $18, but held off, giving me a better shot here near $17.
As for a new bull market, don't see it (yet), just hoping for another 20% bear market pop, since there is huge resistance at XAU 60. It has worked for me before (have doubled my money in gold stocks in two years), so I will stick to it. Unless, of course, the market decides to tell me something different. |