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RE: TIB: Today I Bought (and Sold) - An Investors Journal #346 - Swiss Banks, US Banks, Cybersecurity, Oil Shipping, Europe Payments, Euro

in #investing5 years ago

I haven’t heard of a gold update from you in a while. Any thoughts as it has seemingly put some bottoming action late last year?

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Gold trades put in place as hedging trades. While there is hedging to be done, I do not look at the price. It can be depressing but that is what hedges are for.

Now when the tide turns, I will look at it as a trading avenue - now is not the time.

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