Just because they can post, doesn't mean they know of what they write. Takes an iron stomach and you should have jumped in around $800, but she's going higher. I'm not sure I'd have the nerve to start at these levels as it's going to be a choppy road up. I'm happy to have entered early and intend to ride this one to at least $1400.
Gold has been a great trading vehicle if one is alert and available to trade, by the way. I've bought and sold on dips and spikes such that my return has been 3X better than the actual return on the GLD and most of the miners.
So I'm being contradictory...I'd be scared to get in (probably/maybe), yet I'm long. Best of luck to all.
Odds Favor Shorting Paper Gold [View article]
Gold has been a great trading vehicle if one is alert and available to trade, by the way. I've bought and sold on dips and spikes such that my return has been 3X better than the actual return on the GLD and most of the miners.
So I'm being contradictory...I'd be scared to get in (probably/maybe), yet I'm long. Best of luck to all.
Free-Falling Gold: Chance to Eventually Load Up Before Next Rally [View article]