Thursday, 27 June 2013

Gold is heading for 1200

Dear Friends,

Recently on radio, we did mention we predict gold to be heading for 1200. It sure looks weak at this moment, Yesterday in the day, gold at one point drops $50 to reach a low of $1223. Like what we mentioned, we think that it is heading at least to 1200, where we think might have a strong support.

Let us see if it happens.

By the way, some of my friends recently asked, what should we do if we have position? Long term wise, we think you should never have invested in gold. It is on a long term downtrend, You will never see gold at $1930, the highest point, for the next 10 years. Short term wise, we think there is a rebound. You may want to take the opportunity to sell into the rebound.

Good luck with trading gold, a "safe haven" that is never really safe!


Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...