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Re: jonnytrade post# 37042

Thursday, 07/15/2021 4:53:39 PM

Thursday, July 15, 2021 4:53:39 PM

Post# of 37919
Gold to fall to $1,750 by year end - Bannockburn Global Forex : https://www.kitco.com/news/2021-07-15/Gold-to-fall-to-1-750-by-year-end-Bannockburn-Global-Forex.html

My Comment : Gotta love the stock market at all time highs. Buy, buy, buy. And for gold : Sell, sell, sell. This guy doesn't seem to understand that the debt is going to destroy us. But that's life's perspective from a stock broker's point of view.


Excerpt:
Chandler pointed out that there is not much new information to drive gold prices higher and the current environment is more conducive to equity markets and the U.S. dollar.

"I'm not so sure that gold serves the same function that people used to think of had as we face a new financial industry of [exchange-traded funds] and passive investing," he said.

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