Gold’s Noises VS Facts

myths

FACTS

  • Banks and analysts made the loudest noise when they were WRONG!
  • Analysts REVISED their view based on current momentum and not future projection!
  • Herd mentality at its strongest – sheep leading another sheep analogy?!
  • No one can foretell the future accurately!

NOISES

  • New high or low is coming!
  • So often this was the case when gold was trading at $ 1050 as they see it goes lower to target $ 1000!
  • This time they see gold target $ 1400! What a U-turn!
  • A constant repeat of what had already been priced in that may further cause another run in the current direction!

 

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