General Stock Ideas

[gfp927z]

Bigworld, Looks like gold should test 1300 soon, which is now support. Should be interesting to see if it holds that level. Either way though, from a TA perspective it has already established a mid term uptrend since early 2017, although it still needs to get up past 1375 area to confirm a longer term trend reversal of the 4 year downtrend.

Fwiw, after Rickards' recent info, I figured it's time to add some more gold regardless of the near term chart squiggles, so I picked up a little in the aftermarket today after seeing it was down around 1%. I think it'll be down to 1300 soon, but even if it retraces further into the 1200s, if Rickards is right then there's no time like the present.

Btw, over at Provident they have a great deal on the 1/2 ounce gold US Walking Liberty Centennial (commemorates the half dollar design which ran from 1916 to 1947). These came out in 2016 and are selling for only $700 at Provident, vrs $810 over at Apmex. The 1/2 ounce US Eagle is $697, so only a tiny premium of $3 for the low mintage commemorative (only 70,000 minted). These are a great deal.

Here's what they look like -