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tootalljones

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tootalljones

Re: None

Thursday, 08/29/2019 12:18:25 PM

Thursday, August 29, 2019 12:18:25 PM

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I would caution anybody NOT to go heavy in gold or the miners right now. Gold is all over the Pop media, like Yahoo Finance, article after article. Also, it is showing historic extreme overbought. The last 11 times this overbought in the past 25 years has resulted in sizeable corrections, approaching 23 percent. Not saying it will be this bad but now is not a good time to buy. Just play the odds. Entry price as buffett says is everything in any investment.
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