Trading post of the week 5-6-25-joj
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Started by metmike - May 6, 2025, 12:14 p.m.

                Re: Gold adjusted for Inflation                    

                By joj - May 5, 2025, 12:19 p.m.                                         

So I don't have strong conviction in gold right here, but if ya made me pick to buy or sell gold, I'm buying.  Short term, last Thursday gold broke out to the downside, followed by a pause day on Friday.  Anyone bearish gold and taking that sell signal is sucking gas right now with Gold up $75/oz.  Longer term, gold is a small market and even just a slight adjustment in the buying of gold by  central banks internationally, can have a large effect on gold prices.  

Trump = Chaos = gold to the moon Alice!!

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