With the dollar regaining strength, the DOW and Nasdaq at record highs, and the economy starting to rebound, it looks like the 12 year gold run has come to an end. I'm no market expert, obviously, but from what I've studied and read all signs point to gold possibly going down to 1100 or below. You have to roll with the punches in any market, my primary focus is e-waste, so it stings a little but I'm by no means going to run for the hills. Although I am sitting on around 400-500 pounds right now. Waiting to hear back from ewasted warehouse to see when I can get an appointment next week to unload. My guess is prices will be down by then, but I'll still make a healthy profit. I know there was a thread previously regarding the drop in gold prices and people seemed to think it would rebound. I honestly don't see it happening unless some traumatic event happens again, to shake the market, but by no means am I hoping or wanting such an event to happen (just so we're clear). Anyways just wanting to see what everyone else is thinking or has read recently....By the way I know nobody can predict the future and what's going to happen but there are always positive/negative indicators when dealing with ANY market.....
Bookmarks