You Can Get on the Gold Train and Ride the Dollar [View article]
Sorry John, you missed the boat on this one.
I have no problem going long the dollar against other currencies based on the charts but you will get murdered shorting gold against the U.S. dollar long term.
As a day trader, I have no problem going any direction as long as myur eyes are on the charts. However, you have just missed the whole point of gold as a store of value for thousands of years.
I would love nothing more than to see gold get crushed.......so I could buy more at favorable prices. Besides if you follow gold and gold miners they tend to make short term bottoms in late summer to early fall.
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Latest | Highest ratedYou Can Get on the Gold Train and Ride the Dollar [View article]
I have no problem going long the dollar against other currencies based on the charts but you will get murdered shorting gold against the U.S. dollar long term.
As a day trader, I have no problem going any direction as long as myur eyes are on the charts. However, you have just missed the whole point of gold as a store of value for thousands of years.
I would love nothing more than to see gold get crushed.......so I could buy more at favorable prices. Besides if you follow gold and gold miners they tend to make short term bottoms in late summer to early fall.