posted on Jul, 4 2016 @ 08:34 PM
a reply to:
Cinrad
What?
I don't think it's a short term investment right now it's long term
Your waiting for the fed to reduce interests rates on four consecutive months of bad jobs report in a row and lend out more money.
Gold will go up.
If they have to introduce negetive interests rates which me possible then gold will really skyrocket.
You don't want your assets in the market when the currency is inflating and negetive interests rates are being introduced
Be in silver and gold, silver went up 42% in the same time gold went up 60$.
The currency took a hit along with the pound and the Fed is shorting gold....
It's going up and way back up. I'd personally be looking at moving into another currency while the dollar is strong such as the pound, I don't believe
Brexit will happen and this will strengthen the EU.