Gold on the Verge of Breaking Out (June 19, 2019)

Gold is getting awfully close to knocking on the door of $1,400/oz. Today, after the Fed FOMC meeting, gold started it’s next leg up breaking through heavy resistance around ~$1,350/oz range… Surprisingly (or not), the yellow metal managed to rise up and above $1,380/oz (briefly), but has since lost some steam and is cooling off a bit…

We’ll see what tomorrow brings, but like I’ve been saying, anytime

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Gold – Time to Shine… Again (Finally)?

Gold is one of those quirky conundrum type of “investments”… I use the term “investment” quite lightly because even though the shiny yellow metal has been around for centuries, it’s still something that is totally misunderstood and umm hated by most of society… For gold bulls, “investing” in pet rocks has been more or less a lost cause (losing proposition) since 2011/2012, especially if we are taking about the total returns put forth by the mining stocks associated with Atomic Number 79.

We are talking about some pathetically atrocious value creation for shareholders…

Anyway, one main reason investing/speculating in

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