Motivation, Strategy & Timing
Contributions in the Goldwatcher Book and this blog are based on decisions being made consistent with an investor’s reasons for wanting to own gold (motivation) , whether to own physical gold, mining equities or derivative products (strategy) and of course timing.
Technical analysis is not addressed in this blog but timing usually involves having regard to technical indicators. There are multiple sources for current technical analysis available – including contributors to Kitco.
An interesting observation in the Goldman video is that recent market turmoil was, to an extent, caused by panic. This short Investor Literacy 9th February post comments on what happens in markets when investors panic.
A well informed view on gold price prospects:
HSBC’s James Steel contributes useful comment on likely gold price developments in this Bloomberg interview –