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Re: Gold

By: De_Composed in 6TH POPE | Recommend this post (0)
Tue, 22 Oct 24 4:46 PM | 12 view(s)
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Msg. 59696 of 59707
(This msg. is a reply to 59579 by De_Composed)

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It's not getting a lot of discussion, but gold is having one of its best years ever - up more than 36% in the last 12 months and, right now, at $2,742 - an all-time high. Unfortunately, since nothing changes with gold, what it truly means is that prospects for the United States are seen as ranging from bleak to dire.

Interestingly, I'm bringing this up in a week when silver is blowing gold away. It could be the start of something huge for the argent metal. Keep your sights on it. When gold is running, silver usually bests it.




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The above is a reply to the following message:
Gold
By: De_Composed
in 6TH POPE
Fri, 18 Oct 24 3:53 PM
Msg. 59579 of 59707

Gold has busted through resistance at $2,690 and the psychologically important price of $2,700, establishing a new all-time high.



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