You are the craziest person on Yahoo.
You turned down a $1 million not to post.
You might even call that insanity.
Could be 80 cents after Yellen speaks today. To risky going long here since upside is pennies but downside is HUGE.
The USD will be stronger relative to Gold, but wouldn't necessarily see lower Gold price either. I guess we would have to wait and see...
I am in cash also 100% waiting for after the fed meeting..i do not believe it matters what the fed does..its just the un ceartain that will bring prices down..once the fed tells all wa bounce back up
This rate hike talk, the fundamentals of confidence or lack there of, driving gold, could cause a steep bull market pullback to turn into something a bit worse...I'm raising cash for a rainy day at this point. Let them do what they will to gold, which will halt miners, even though miners technically look reasonable.
I may be wrong...
so, do some DD