I am looking at the Gold chart, especially between october and january. Lot's of people have bought into the last phase of the bull market. Always under the motto "You can't go wrong with Gold". Many of them will be happy to sell, once they see their "break even" price again. To me, that means heavy overhead resistence that must be overcome. Therefore, I expect a relatively slow recovery. Nothing comared to "before". Plus: My online trading platform charges a "financing fee" of 5% per year to maintain a Gold long position in US Dollars. Calculated daily. And this for a non interst bearing investment, food for thaught.
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