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  • Gold Eyes $1400 As China GDP Looms

    From capitaltrustmarkets.com

    Key Takeaways Gold bottomed at $1277 before resuming the bullish trend The ongoing rally is expected to test the long-term trendline resistance around $1400 China’s GDP report will provide more clear direction to the metal Gold extended the upside movement last week after bottoming around $1277 in the week before. The bullish trend is likely to continue this week, however short-term correction might be in play near $1334. In the medium term, the yellow metal is expected to print a Higher High (HH) above the $1392 resistance area. Technical Analysis Gold is being traded around $1327 at 3:15 GMT in Asia. The metal is ... (full story)

Who care?
Just follow the market
Hmmm, I care. I hold 12,400 Troy ounces; which I bought nearly a year ago at an entry price of $1,367 per.

I do NOT care it has been under water for most of the time since I did buy it; but sure, I'd like to see my $US17,000,000 finally get back in the black.

MOSTLY what I am interested in is how it performs over the next 10-15 years.
Quoting dancingphil
Hmmm, I care. I hold 12,400 Troy ounces; which I bought nearly a year ago at an entry price of $1,367 per.

I do NOT care it has been under water for most of the time since I did buy it; but sure, I'd like to see my $US17,000,000 finally get back in the black.

MOSTLY what I am interested in is how it performs over the next 10-15 years.
Are you a billionaire? Do you own physical gold bullion or just paper? If paper through what kind of instruments are you invested in gold and what kind of broker do you use. I'm just curios as I've been reading through your history post and you're making quite big claims.
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  • Story Stats
  • Posted: Apr 14, 2014 8:51am
  • Submitted by:
     CapitalTrust
    Category: Technical Analysis
    Comments: 3  /  Views: 2,982
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