Quote:
Originally Posted by Houdini
Bear market rally. Will see new lows in the following months. Great short opportunity.
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The gold price is $1220/oz at the current time.
The low over the last 5 years was $1050/oz
I'd be surprised to see new lows in Gold this year because there are also geo-political events, quite apart from economic factors, that have to be considered.
It'll be very interesting to see if you're right so lets revisit this thread mid year, maybe in June?