Friday, 3 January 2014

A mid term reversal in gold is in the cards: $1320 target

Dear Friends,

It is an irony that as QE3 has started to taper, gold seems to hit a bottom at $1200. Today it goes above this mark with a bomb. I believe that temporarily the mid term trend has changed.

Now I am setting my mid term target of gold price at $1320.

My stop loss will be $1195 should it comes back down.


P.S. If you can't play with index futures, a good product to try will be the gold ETF stock, symbol GLD.

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。 ...