A reminder, truth, that no one on this planet gives a hoot about the inflationary price of gold unless they are either long or short, therefore one must deliberate carefully before exiting after having deliberated to enter. Gold is neither savings nor investment but just and only a wager, one that has no term.
Gold can go to 900 tomorrow under certain circumstances, or 9000 under other circumstances, especially as we prepare to trudge through 2026, towards 2032, to catch sight of 2042, as long as gold is priced in USD terms.
For the fellows and fellowettes in Turkey who were long gold, they already experienced one long orgasm and are looking forward to another. The idea of <<exit>> if implemented before now would have been toxically fatal.
Gold is not a binary asset, 0 or 1, but is an allocation, say 5% to 50%
Gold is sleeping capital, or the capital that left the chat, to recuperate or hibernate, until call of duty |
