Quote:
Originally Posted by cabmandone
Pretty much my thoughts exactly. I don't understand why there's such movement over an announced "deal". I don't believe what's being discussed changes the direction we're moving in.
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A purely emotional response to "possible" agreements with China and a firming of the dollar against other currencies. Gold is still up 45%ish YTD so if I had been holding long term this dip is a non-issue. If someone blew their whole wad on gold 3 weeks ago and went heavy on margin... They are probably wetting the bed on this downturn. Two very different outcomes.