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Thanks [USER=86427]@rcw1[/USER] and [USER=30808]@Sdajii[/USER] for your posts. they basically sum up the individual investor's viewpoint and mine here on ASF on this thread. Your chart [USER=86427]@rcw1[/USER] is particularly interesting as it is not without the realms of possibility for the POG to retrace further to parallel the fall from late Oct to early November which puts us squarely on $2500. Buying more for me just above this level at $2510 is a no brainer.

[ATTACH=full]190832[/ATTACH]

As you said [USER=30808]@Sdajii[/USER] it is not just individual investors and Mums and Dads buying gold but whole countries and I would add geopolitical alliances such as Brics. the US is not an uninterested party with their ongoing lurch in maintaining the primacy of the $USD as the default Petro, Eurodollar and every other moiety of exchange expressed in $USD. Nothing ever happens in a vacuum nor just to one asset class. I'm expecting once Trump's ship of fools containing Elon, Vivek and the Bitcoin guy take over the public service for the dollar to appreciate. The Bronze loon also has a chance of mandating peace on anyone who appears to be a threat to the US, gaining Greenland and the Arctic from the 56,000 bogans who presently inhabit the joint.

So lotsa volatility and gold will be relatively under the radar while stocks, BTC and bonds will be closely watched for any further “Trump effect”. So gold could very well retrace.

gg

<blockquote data-quote="Garpal Gumnut" data-source="post: 1312010" data-attributes="member: 2555">Thanks [USER=86427]@rcw1[/USER] and [USER=30808]@Sdajii[/USER] for your posts. they basically sum up the individual investor&#039;s viewpoint and mine here on ASF on this thread. Your chart [USER=86427]@rcw1[/USER] is particularly interesting as it is not without the realms of possibility for the POG to retrace further to parallel the fall from late Oct to early November which puts us squarely on $2500. Buying more for me just above this level at $2510 is a no brainer.[ATTACH=full]190832[/ATTACH]As you said [USER=30808]@Sdajii[/USER] it is not just individual investors and Mums and Dads buying gold but whole countries and I would add geopolitical alliances such as Brics. the US is not an uninterested party with their ongoing lurch in maintaining the primacy of the $USD as the default Petro, Eurodollar and every other moiety of exchange expressed in $USD. Nothing ever happens in a vacuum nor just to one asset class. I&#039;m expecting once Trump&#039;s ship of fools containing Elon, Vivek and the Bitcoin guy take over the public service for the dollar to appreciate. The Bronze loon also has a chance of mandating peace on anyone who appears to be a threat to the US, gaining Greenland and the Arctic from the 56,000 bogans who presently inhabit the joint. So lotsa volatility and gold will be relatively under the radar while stocks, BTC and bonds will be closely watched for any further “Trump effect”. So gold could very well retrace. gg</blockquote>

[QUOTE="Garpal Gumnut, post: 1312010, member: 2555"] Thanks [USER=86427]@rcw1[/USER] and [USER=30808]@Sdajii[/USER] for your posts. they basically sum up the individual investor's viewpoint and mine here on ASF on this thread. Your chart [USER=86427]@rcw1[/USER] is particularly interesting as it is not without the realms of possibility for the POG to retrace further to parallel the fall from late Oct to early November which puts us squarely on $2500. Buying more for me just above this level at $2510 is a no brainer. [ATTACH type="full" width="532px" alt="1736425812847.png"]190832[/ATTACH] As you said [USER=30808]@Sdajii[/USER] it is not just individual investors and Mums and Dads buying gold but whole countries and I would add geopolitical alliances such as Brics. the US is not an uninterested party with their ongoing lurch in maintaining the primacy of the $USD as the default Petro, Eurodollar and every other moiety of exchange expressed in $USD. Nothing ever happens in a vacuum nor just to one asset class. I'm expecting once Trump's ship of fools containing Elon, Vivek and the Bitcoin guy take over the public service for the dollar to appreciate. The Bronze loon also has a chance of mandating peace on anyone who appears to be a threat to the US, gaining Greenland and the Arctic from the 56,000 bogans who presently inhabit the joint. So lotsa volatility and gold will be relatively under the radar while stocks, BTC and bonds will be closely watched for any further “Trump effect”. So gold could very well retrace. gg [/QUOTE]

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