Only Safe To Long

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The rise in gold is being driven by many deep market factors. There is a strong drive to industrialize by all nations, there is a space and technological race developing between nations, also covid is accelerating this trend with fiscal stimulus from all nations. New (millennials) and life long value investors (Baby Boomers) are converging in a self supporting trend. There are many forces driving this trend forward, too many to mention, but this is a terrible time to be anything but long on Gold, it's next to impossible to predict a bottom or even a leveling out in these conditions.