I not trying to upset anyone but I get hundreds of questions a day about gold and if we should hold on, buy more, what's going on etc.
This tells me that there is still far too many retail investors in the space looking for safety and far too many hedge funds in it too.
This tells me that there is still far too many retail investors in the space looking for safety and far too many hedge funds in it too.
The market positioning is still near all time record long (with a good reason), but I fear that more positions will get liquidated and that could be ugly for the small guy (the hedge funds can look after themselves) 
It will set up as a better buying opportunity later. Long term gold holders have been through all this before and will remain patient with the volatility but if you cant afford the volatility, then exercise caution.
Again, warning - I could be dead wrong but I don't like the RR.
Again, warning - I could be dead wrong but I don't like the RR.
