Will Gold start to move higher?

in money •  7 years ago  (edited)

Gold had recently been trending down right before the July 4th holiday but today moved higher in volatile trading getting a boost as downbeat U.S. economic data and North Korea’s ballistic missile test drew investor interest to the precious metal. North Korea on Tuesday said it successfully test-launched an intercontinental ballistic missile, or ICBM, claiming a major advance in its attempt to threaten the U.S. with a nuclear-tipped weapon. This was done primarily to fall on the July 4th holiday and also comes after US and South Korean prepare for the G-20 in Europe. http://www.marketwatch.com/story/gold-given-light-boost-on-north-korea-angst-but-fed-uncertainty-persists-2017-07-05


The old adage buy the dips is calling out to me and would be a perfect time to buy some gold if nothing else but for some added insurance to your financial plan.



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I bought some last week. Was upset that it drop a few dollars, but then I thought "hang on a sec, lets buy some more!!!!" =]

Sweet thanks for your comments @monstrousmonkey

Your right, it's a buy in oppurtunity.🤑

Looks like it @buster544

I'm ok with these low prices for awhile. I'm stacking for the long term. Thx for the post. Pls check out my blog if u like to look at sexy silver and gold? I'll be posting more in the future aswell. Cheers!

Cool I'll check out your blog. Low prices are fine and agree in the long term outlook.

Haven't bought in a while. Might have to start looking to do so again :)

Looks like Silver & Gold been hit hard over the holiday @vegansilverstack

well i guess if buying physical gold then there is no harm buying more when the price is low. But as we all know price of gold is manipulated, so price will go up naturally when the fiat currency's dominoes starts to fall.

Exactly @whatsupz opportunities to buy before things get crazy.