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    • Getting Out of Leveraged Gold [view article]
      I think everyone is taking this article in much the wrong way. Everyone seems to believe that gold will go up indefinitely during this leg. Yes it could make a much bigger move, but at this point in the move the risk is increasing with every dollar gold goes up, which is what Mclarty is saying. I have been following gold for over 6 years and it makes moves that brings out emotions that affect our trading habits and most of the time are not good. That is where you must watch out and evaluate where your goals lie.

      I got back fully into silver in Oct., just before the move and what a frustration it has been. Picking the right time and right sector does not mean that I will make money. That is where the gold/silver sector is at. A lot of stocks are showing weakness in this huge move and no involvement by the big money or for at least the small caps. Which could be from many different reasons but mostly nobody is buying and they are selling into strength even with large moves in the metals.

      To go on everybodys side, gold/silver will probably go up for the next couple years. But in the short term be careful, there must be buyers and there seems not to be any at the moment.
      Great article and informing Mcarty. Keep posting.       Feb 25 02:17 AM
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