Obviously, to my own detriment, the gold/precious stock timing models have not been working as I originally intended in the current downdraft. I have a sneaking suspicion as to why, but that will take some testing to see if my thoughts are correct. With that, I intend to provide this week's "All That Glitters" post with little comment.
That said, I have a good idea where the models will come out this week (i.e. moving back into a stronger buy area). I remain a long-term bull in gold and gold stocks and think that continued money printing world-wide will lead to increased volatility in the fiat monetary regimes, thus providing support for hard-money assets.
That said, I have a good idea where the models will come out this week (i.e. moving back into a stronger buy area). I remain a long-term bull in gold and gold stocks and think that continued money printing world-wide will lead to increased volatility in the fiat monetary regimes, thus providing support for hard-money assets.
No comments:
Post a Comment