RE: Bought more today26 Jul 2021 20:22
"Gold is for the old". Yes, it does look like a good price to buy into given earnings on gold prices. As always, gold is manipulated by paper holdings, so really, they don`t have much physical gold in their vaults. Just need to be patient to see that this stock is very undervalued and will rise to it`s correct value in due course. I personally back this up with physical gold on dips but can see gold prices steadily rising over the next 10 years as inflation/stimulus devalues all fiat money even further. It could actually be the early stages of a recession we are now in regardless of the hype that economies are improving. If this was so, then why are interest rates kept so low ? Answer, too much money has been printed and there is nothing left to fall back on. God is Gold...