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

Re Gold? My Two Cents? The Bottom Is Clear, 2001, $270/oz

Posted by Mr.Copper @ 10:26 on June 3, 2019  

Unfortunately Gold got too high too fast over $1800, and its lust been a long correction, (2012 2013 b2014 and 2015.) in a long term bull market.  If you bought Gold on lows in 2001 at

$256 in 2001

$813 in 2009 or

$1,050 in late 2015, or

$1,176 in Aug 2018 or  the

$1270 low in April and May you should be and are happy.

All the rallies off the lows since 2001 are somewhat artificial and meaningless.  Like they say in business, “Its only the Bottom Line That Matters”.

https://finviz.com/futures_charts.ashx?t=GC&p=m1

https://finviz.com/futures_charts.ashx?t=GC&p=w1

 

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

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