Repost From 2017 – Gold Theories aka the Blind Leading the Blind

The Entry Points

First off, no I am certainly not buying gold today, however gold is in a massive accumulation area. Since last year, I’ve been repeating that gold is finally going to start “trending” in the 2017 second half, and we’re closing in on it. I have also been repeating that gold is going to be decoupling from bonds, the $, and eventually the Yen. So we’ll find out about all of this, but you can see all of the theories about gold and the US$ now, there is little correlation. It (the correlation) will be present at times, but right now we have all of the “theorists”/people who can’t trade, scratching their heads about gold and the US$. Another theory to shoot down is “the shares lead the price of gold”, that deal is also total crap. It’s promulgated by lazy folks who won’t get off their rear ends and work. This business is 100% about hard work. If you do the research, you can then be confident in your own mind about the truth, and this theory is worse than useless. If you’re very interested in being profitable trading gold, then have at the research yourself. And gain confidence in your knowledge – this here is my own view.