A couple weeks ago, I mused whether gold had peaked for the year. It dropped a bit, then bounced back a bit. Brexit chaos in today's news isn't exactly pushing it up from my afternoon gleaning. Three years ago the Brexit vote itself spiked the price of gold. Perhaps there was collusion on the side of pro-Brexit types with gold speculators to ramp up the price of gold?
Given the markets aren't stable, and it's impossible to time the markets without insider's knowledge... hedging is the only safe move I can envision making until I hit my predetermined goals.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.