Gold Thoughts #3
...as i have already told you gold silver and generally precious metal is something that i love...
...if you don't have experience with the raw form of them you will never understand somebody's obsession with precious metals...
....anyway to the point...
...gold is lying at 61000 US dollars at the moment...i have some friends saying to me...'remember we said the price will drop' ...trying to be smart at me...
...of course the price would drop you fcks....
...this is my answer to them....
...it is a correction move...this is my opinion...it's a correction move and it will rise again...
...lets see the following chart...
...as you can see it reached 66500 during August and lost some of its power the following months... Posted Using LeoFinance Beta
picture taken from goldprice.org
...you know something...
...gold price is almost at the same level as in 2011 when it reached all time high at 57.000 US dollars per kilo...
...i definitely believe the price is ok....
....as long as FIAT is in crisis, precious metals will always be a safe refuge...
...of course we have crypto...
...will crypto take FIAT's place ...even if it will precious metals will always be there...
....that's why i put my trust in them!!!