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Re: bigworld post# 1180

Thursday, 04/04/2024 12:47:10 PM

Thursday, April 04, 2024 12:47:10 PM

Post# of 1312
Bigworld, 2500 for gold by year end sounds feasible. It took 12 years to finally break through 2000 convincingly, so I figure the upside should be considerable as gold makes up for lost time.

Thanks for the Rinear update. I think he's right about the Fed wanting to help the markets remain relatively buoyant and in kumbaya mode. You said that Rinear is mainly a shorter term trader, but I figure we're in more of a buy/hold environment for the foreseeable future. Fed guidance is for 3 rate cuts this year, so that's a clear tailwind for the markets, therefore 'don't fight the Fed' seems like the logical strategy. Landmines abound though - geopolitical, election, black swans, so caution is warranted. So I figure a moderate stock allocation (28%) to take into account the risks, and a buy / hold strategy to take into account the Fed tailwind.



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