Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category
Gold: A Surge Into Summer? Stewart Thomson Gold Stocks: Poised To Outperform Everything Stewart Thomson Dovish CPI: A Super Surge For Gold? Stewart Thomson The Anti-Concepts of Money: Conclusion Keith Weiner Gold Stocks: Good Times Are Here Stewart Thomson Gold Price Reaction: Key Zones To Buy Stewart Thomson

S W
Member since May 2012
668 commentaries - 5 followers

5 followers

has posted a comment on the article :

Time for Goldbugs to Admit Defeat?

- Jeff Clark - Casey Research

It will not surprise me to see gold hit $725 now that I have just had a quick glance at a monthly chart.

Disclaimer.
Currently long physical gold, shares in 2 mining companies (very recently) and short gold in the CFD arena.

I will not swap my gold for dollars, nor will I throw gold or paper dollars into the sea.

Commented 3785 days ago

Send

Beginning of the headline :After a 12-year run, it looks like gold's wave has truly crested, and many bears are arguing that it's all downhill from here. A quick glance at a long-term gold price chart can certainly seem to confirm this impression. Gold's price has fallen by more than a third since its 2011 high. The downturn exceeds the 2008 waterfall selloff. Many technical analysts are saying that the "damage" on the charts is too great for gold to recover. The rout is so bad, even hardened goldbugs have grown quie... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis