We are long term bullish on Gold.
We purchased over 5lbs of physical gold around the 1200oz pricepoint.
However, there may be an oppertunity to catch a short at these levels.
We are worried that we could see the Trump Admin reinstate a gold-backed dollar - punching golds prices up into the $4,5,6-10k price per oz points.
Watching - Lets see how next week plays out.
We purchased over 5lbs of physical gold around the 1200oz pricepoint.
However, there may be an oppertunity to catch a short at these levels.
We are worried that we could see the Trump Admin reinstate a gold-backed dollar - punching golds prices up into the $4,5,6-10k price per oz points.
Watching - Lets see how next week plays out.