Gold did break out to 129ish but failed at 130 and now we've been in a tailspin. The last election hammered gold in November '16 and I wouldn't be surprised if we see something similar this go 'round.
Tuesday, November 13, 2018
Gold is getting old but...
It's been a grind to hold gold since the middle of last year but I'm not alone. I have good (great) company in Ray Dalio. Like us, Bridgewater has maintained holdings in SPDR Gold Shares (GLD $113.70) and iShares Gold.
Gold did break out to 129ish but failed at 130 and now we've been in a tailspin. The last election hammered gold in November '16 and I wouldn't be surprised if we see something similar this go 'round.
Gold did break out to 129ish but failed at 130 and now we've been in a tailspin. The last election hammered gold in November '16 and I wouldn't be surprised if we see something similar this go 'round.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment