Gold Price - Where is it heading?

[DaveTrade]

Gold has gone bonkers, where are the gold bugs tonight?

I think, like me they are waiting to see what happens next.

 

[divs4ever]

Gold has gone bonkers, where are the gold bugs tonight?

probably online buying the dip

meanwhile this week i reduced RMS and RRL

 

[Sean K]

I don't think I've ever seen a $100+ gain in a day before. I think ducati predicted this.

 

[Garpal Gumnut]

Sometimes age improves people, but in Trump's case it hasn't. Holders of US stock now believe that the way is back up to unrealistic valuations, as do holders of ASX shares. This is rubbish. The emperor has no clothes.

Gold as ever has been a beacon of hope for miserable bastards like me. It did need a pause and retracement and Trump was the excuse, or greedy Wall St. nearly going A-up or whatever reason you want to pick out. I'll leave it to @ducati916 to find the reason. I just look at the price and sentiment.

The US has lost much from all this kerfuffle, it will never have as much trust as it had. Fealty yes, as the richest guy on the block, affection and respect, no.

The Chinese and German cousins were busily buying more gold during the Orange Crash and the latter are looking at moving their gold back from the Federal vaults in New York to Deutschland. Gold did get the wobbles from paupers on Wall St. paying off margins. Overall it did pretty well. $3333.33 soon.

This is a chart of the past 5 days.



gg

 

[rcw1]

Good morning
Some Gold Demand Trends Data Tables attached, courtesy of the World Gold Council, to have a look at should one so desire. Still plenty of PoG heavy lifting yet to transpire, for mine. Physical is good, aways good, most comforting indeed within a most worldly dynamic situation ...

Anyways have a very nice day, today.

Kind regards
rcw

 

[rcw1]

Good evening gold believers,
Beautiful... Some sweat blood and tears gone into this heavy lift ...

 

[farmerge]

Good evening gold believers,
Beautiful... Some sweat blood and tears gone into this heavy lift ...
View attachment 197273

@rcw1 well Friday usually being Frightday tomorrow may be an interesting one, with perhaps the DOW and Mates pulling another pidgeon out of the hat to make it a Bountiful Friday and gold can keep making its merry way upward!!!!

 

[DaveTrade]

@rcw1 well Friday usually being Frightday tomorrow may be an interesting one, with perhaps the DOW and Mates pulling another pidgeon out of the hat to make it a Bountiful Friday and gold can keep making its merry way upward!!!!

Hope so, but could be some more ups and downs ahead.

 

[farmerge]

Hope so, but could be some more ups and downs ahead.

@DaveTrade more than likely a bumpy ride ahead.
Who knows what POTUS will do next.

 

[finicky]

Who knows what POTUS will do next.

Whatever it is, it'll be right

 

[Sean K]

Who knows what POTUS will do next.

Nationalise all gold.

 

[qldfrog]

Nationalise all gold.

Or to the effect of,
Trump will never nationalise gold, that is a wef/democrat scenario but he could do the same with carrot and stick, de facto do the same:
lock your gold in a US fund and get tax and interest benefits, etc

 

[farmerge]

Whatever it is, it'll be right

Only those close to POTUS will be thinking that I fear.
No doubt The Trumpet with his crypto and perhaps share buying when it was in the doldrums will be making a truckload of coin!!!!!

 

[qldfrog]

Only those close to POTUS will be thinking that I fear.
No doubt The Trumpet with his crypto and perhaps share buying when it was in the doldrums will be making a truckload of coin!!!!!

Delayed delivery on the chill pills order ?
My gold exposure quite happy so far, as yours is?
More more more Monsieur Trump

 

[Garpal Gumnut]

Nationalise all gold.

The USA is exquisitely sensitive to socialism and communism so any form of restriction on capital would be anathema.

Although unless Trump holds gold one would have to have some worry about him affecting the price, a small worry.

gg

 

[rcw1]

Heavy lifting continues unabashed ....
How good is this???

Broke through US $3200 !!! on and on it goes...

Kind regards
rcw1

 

[TimeISmoney]

The USA is exquisitely sensitive to socialism and communism so any form of restriction on capital would be anathema.

Although unless Trump holds gold one would have to have some worry about him affecting the price, a small worry.

gg

Every nation holds gold, but real gold bullion is difficult to handle.

No one is going to trust investing in the US while Trump is at helm, the last shitshow on the markets have proven to be lethal.

I think the snipers are lining up. This guy isn't going to live long if he keeps on causing all this global havoc.

 

[farmerge]

Every nation holds gold, but real gold bullion is difficult to handle.

No one is going to trust investing in the US while Trump is at helm, the last shitshow on the markets have proven to be lethal.

I think the snipers are lining up. This guy isn't going to live long if he keeps on causing all this global havoc.

@TimeISmoney Just pondering.
If and when perhaps someone else decides he is a worthy target it is to be hoped that he/she is much better shot than the last effort.

 

[DaveTrade]

The Robot :- "Danger Will Robinson", (arms waving)

 

[ducati916]

New ATH.

jog on
duc