Gold Futures - Feb 22 (ZGG2)

1,790.10
-3.00(-0.17%)
  • Prev. Close:
    1,793.1
  • Bid/Ask:
    1,790.40/1,790.60
  • Day's Range:
    1,778.80 - 1,798.30
  • Type:Commodity
  • Group:Metals
  • Unit:1 Troy Ounce

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  • Fed almost admitted that inflation is out of control and may start to slowly trending down in 3rd qtr 2022 only ! At least now, Gold may, just may, want to trend higher !  And while we wait, maybe it's wise to transfer about 10% of GLD to crypto ( 7% ETH and 3% BTC) since, doing so in similar inflation expectation conditions in the past (sept 2020), has paid off unbelievably handsomely ! Funny story though,,, inflation never came and started only now
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    • Don't think I am trying to 'sell' crypto, I am just saying the way i have seen and experienced it ! Even after this 10%+10%  transfer to crypto, I would have gold coming out of my every yin yang !  Check my old posts ;)
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