yes, many are worried, and rightfully so.
being in gold, treasuries and majorly in one miner and small lotto ticket in another, i am strangely calm, thinking that this too will pass.
fundamentals of gold have not changed, lower interest rate guarantees rise, flight to safety to USD is a joke. it is overprinted and in 'devalue to pay debt' mode. plus, you asians keep buying and buying, and buying the stuff.
however, now that mq is a holder, i am worried. vbg
seriously, gold shall return and go forward. no doubt about it. look at it from a yearly perspective. we are way, way up ytd, and that is not in danger.
miners, too, esp. since drop in energy prices shall make them even more profitable. |
