OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

The Risk at this point

Posted by Ororeef @ 20:19 on February 7, 2019  

is being OUT of the Gold Markets rather than being in ,despite short term seasonal weakness ..

The last few years the February tops were followed by faster recoveries into the march Lows and I found it more and more difficult to recover my position each year …SO I dont sell in February anymore,just wait out any dips ….Like I said I believe the risk of being out outweighs the risk of being in at this stage and with consideration that the FED WILL CUT RATES RAPIDLY If the DOW tumbles  ..The fed did say we wanted to raise rates precisely so we can Lower them when needed…Its needed NOW to stay  ahead of the curve..The fed PUT is in Place….and a little weakness gives the FED a excuse to cut without over heating the Gold markets so,I believe Gold will stay even keel even as Seasonal forces work against Gold.Any surprises will be to the benefit of Gold  rather than Seasonal dips many Seasonal charts have been thrown up side down in these Markets maneuvered by the fed  therefore we may find the expected slower season becomes a rip roaring one in this environment .

I wont be out of the Metals at any time in the next two years.Just my opinion…I dont give advice …Its your money !

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.