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AgStacks63

Gold spot thought

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Had a look at the 20 history gold price graph.

A line of best fit for a 20 year period would suggest that the spot price may go as low as U.S.$800.

For investment hedge purposes, the time span you are looking at for gold, should be selected according to your investment horizon.

 

If you want to hedge into or out of a gold positon, the best way is to use dollar price average buying or selling over a period of time, that best suits your investment needs and horizon.

 

My first gold coin was bought when I was a teenager. I still have it, more than 50 years later.

The volativity of the current price of gold, however how loud or soft, bothers me little; I only take a passing interest in it.

Large peaks or troughs in the gold price just pass me by.

Been there, done that.

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