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But how do you know that a move up is not a reaction to a low last year, and that we will see $1,000 before we see $1,400? The upside is up to $5,000 at least, so I would not be concerned about getting an extra $80 now.
It all depends; are you trading the metals, the ETF's or the miners themselves?
I will not buy an ETF for known reasons, only the metal itself or a futures contract.
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But how do you know
JP Morgan predicts $1400 Gold in 2016
Posted by junkie on 11th of May 2016 at 02:42 pm
But how do you know that a move up is not a reaction to a low last year, and that we will see $1,000 before we see $1,400? The upside is up to $5,000 at least, so I would not be concerned about getting an extra $80 now.
What is your strategy
Posted by caddpro123 on 11th of May 2016 at 02:47 pm
It all depends; are you trading the metals, the ETF's or the miners themselves?
I will not buy an
Posted by junkie on 11th of May 2016 at 02:58 pm
I will not buy an ETF for known reasons, only the metal itself or a futures contract.