Gold To 5000 USD, accelerates for more?
cnbc.comI wish to know where are we in this cycle. The market correction is expected next 2 months, suggesting gold price to the moon, at least until April. Any insight?
What is your basis for saying the market correction is expected in the next 2 months?
Historically speaking, March is a redish. The bloodbath with income declarations, bankruptcies and shifting investments. Then gold at 5k can´t be good right, the 5keyers can´t find any better but relying in gold. In my (wrong opinion) it can slip to 6k super fast, is enough a bad news or a "bad" political decision.
Any thought?
Edit: Trend following never let you down.
Gold goes up fast and down slow, stocks go up slow and down fast.
Not at the same time but there is some relationship.
Time in market > timing the market.
>remember that you could be wrong :)
you can't know the future