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Gold heading into 2022 3 replies

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Attachments: $2,500 Gold in 2022
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$2,500 Gold in 2022

What are the factors behind current Gold Prices Hike?
Technically and fundamentally speaking Gold Should be bearish, interest rates have risen by US and more increase to follow.
Please someone explain What is going on
Quoting Decentshaw
What are the factors behind current Gold Prices Hike?
Here's how I see the fundamentals: https://www.metalsmine.com/thread/po...4#post13950544
An online trader said to me, about 11 years ago, "We won't see Gold $1800 again", and he was right, timing slightly out, tho.
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"Don't Shoot Me I'm Only the Piano Player"
Quoting yani38
An online trader said to me, about 11 years ago, "We won't see Gold $1800 again", and he was right, timing slightly out, tho. {image}
lol,, 11 years ago ya say , well if that constitutes being right in this world , quite a market wizard I reckon ,many said that then , the moon alice the moon ,not even dust left from the bones just wont mention the trip back down yonder , the moon , it aint here yet , hope the Hoiday going well for ya man , carry on
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Quoting digger1
{quote} lol,, 11 years ago ya say , well if that constitutes being right in this world , quite a market wizard I reckon ,many said that then , the moon alice the moon ,not even dust left from the bones just wont mention the trip back down yonder , the moon , it aint here yet , hope the Hoiday going well for ya man , carry on {image}
Thanks digs for noticing my post, however I think you may have missed the point. Precious got to $1921 back in Sep 2021, close enough to 11 yrs ago., taking inflation into account it's off the map for any die hard investors left as a genuine investment prospect, fluctuation traders aside. Gold shares obviously different, on an individual basis.

You have some good charts and are seemingly no fool., which makes it interesting for all when comparing notes and making decisions.

Sharing and caring, bud.
"Don't Shoot Me I'm Only the Piano Player"
Quoting yani38
{quote} Thanks digs for noticing my post, however I think you may have missed the point. Precious got to $1921 back in Sep 2021, close enough to 11 yrs ago., taking inflation into account it's off the map for any die hard investors left as a genuine investment prospect, fluctuation traders aside. Gold shares obviously different, on an individual basis. You have some good charts and are seemingly no fool., which makes it interesting for all when comparing notes and making decisions. Sharing and caring, bud.
lol, I reckon I did miss the point , my point being whether the thought was it was going up and would never be 1800 again , from 11 years ago , off by a country mile , if it was going down and would never be 1800 again , 11 years ago , off by a country mile , from back then oil was never gonna be cheap again , still some red asses from when it went below 0 breifly , matters little was just passing a holiday howdy along , far as this circus , havent been one to develope a long term relationship with any of this market malarkey , learned a long long time ago it isint how to make money from this crap , the ones that move it really arent the investing type cheers bud ,
I think I got this wrong.
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Interest rates are turning out to be more important than stability. That shouldn't surprise me.
I just spent the last of my BTC on more treasure. I still see ingredients for $2,500 gold, but I realize rates will probably drive the market all year. This trade is more about getting flat on BTC, for which I'm turning bearish.
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$2,500 is still possible. The ingredients are there! I'm seeing 35% we make it to $2,500, 25% we go to $1,500, and 40% we drift all year. Unfortunately those aren't great odds to structure a trade around.
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Quoting Goat
My hunch is that the instability will get worse over the year and force the Fed to backtrack on their promise.
This is obviously wrong based on what went down this week. Nothing will stop the Fed, short of all-out warfare with Russia/China. That won't happen for at least a half-decade imo.

Another meh year for gold? Perhaps.
  • Post #31
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  • Last Post: Jul 31, 2024 8:32pm Jul 31, 2024 8:32pm
Damn-near hit $2,500 today! I have no prediction at the moment but I'm working on one! These are the components:

1. Gold was flat through rising inflation (textbook says it should rise)
2. Gold was flat through rising interest rates (textbook says it should fall)
3. Gold was flat through eastern-Europe destabilization (textbook says it should rise)
4. Gold started a bull run when Fed Funds topped out a year ago (while the Fed remained hawkish)
5. Gold responded to the Fed's dovish comments today
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