Shouldn't the real inflation adjusted return be 0% as it is just a currency that holds its value over time?
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Gold just broke back thru previous highs as expected. Gave up its 4% gain in the same day.
Let's see what the US does.
Pleased I offloaded some of my gold stocks.
Am short at $2132.
Let's see what overnight trading does.
Might drop my bid price for more GAU.TSX shares tonight .... still healthy pullback ...think most of its coming from FED comments of maybe another rise in rates could still be on the table ... but IMHO OIL heading downwards inflation surely will not see this and more so rates on HOLD till the NASDAQ tech sector tips over early to mid 24
Yes even with the GOLD price pull-back non of these TSX GAU S/Hs wanted to sell me any more than a token amount of shares ....maybe tonight ... Where Gold goes over the next couple weeks will be interesting I'm 50/50 it going even higher and stay above 2100oz or retreating to the mid 1900's
It's looking like fail #3 on the cup and handle breakout https://invst.ly/12j4aa