How do you learn to predict future price changes in commodities like gold, oil or real estate?
Commodities
Focus on one or two, and think about how their price movements are associated with current and future world events.
Well. I know with Gold and Silver they fluctuate depending on the other high value elements like Platinum, Titanium, Palladium, etc. Kind of hard to predict those price changes.
Need no predict but moving together witch a price, and seeing psihological crowd of market in curently moments.
How far in the future are you talking? I think for the mid term (next 5 years) we're going to be experiencing deflation, and all commodities will be affected. I like th usd more than anything else right now
>how far
Like five years or so.
You can't predict. Too many variables that you don't/can't know. You make assumptions and sometimes you're right.
Gigafactory needs like 15 percent of worlds Lithium.
Lithium goes up.
You can't explain that!
You guys thinking on this is fundamentally flawed. You do not invest in this shit.
You do not invest in commodities.
You do notinvest in commodities .
Is it starting to sink in? You trade it's swings up and down. Not buy and hold for years. You trade that shit on a day to week swing and ride it back and forth.
just read up on trading in general, from forex to oil. Charts act the same no matter the commodity.
For long term, Harmonics do a great job predicting long term tops and bottoms, putting you in the right area almost everytime no matter the news.