Seeking Alpha
  • Jason Burack
    Some good TA on Gold $GLD $PHYS saying we've made a bottom http://bit.ly/16QPfSt
    8/16/13
    Reply (9)
    • 1980XLS: Rising Yields, oil prices and possible tapering, not a fundamental backdrop to be bullish Gold miners.
      8/16/13
    • Jason Burack: It is if demand for physical gold is rising and this is the only way miners keep producing.
      8/16/13
    • Jason Burack: Gold price only has to rise faster than oil price for miner's margins to expand.
      8/16/13
    • 1980XLS: Yes, I know GDX chart technicals look bullish. But given backdrop I am skeptical. I would rather Buy on Fundamentals, sell on technicals.
      8/17/13
    • Jason Burack: For fundamentals for gold are you aware that demand for physical metal is increasing rapidly and miners may take a lot of supply offline?
      8/17/13
    • 1980XLS: Follow Zero Hedge to the poorhouse. $GDX down nearly 30% since 8/16. Wrong is wrong.
      10/15/13
    • Jason Burack: My time frame is longer than a few months. I hold for yrs. I continue to buy the lowest cost producers that will survive this shakeout.
      10/15/13
    • Jason Burack: "Wrong is wrong" I'm not a trend trading hedge fund manager who has 2 beat monthly & quarterly goals. I routinely hold positions 2-3 yrs min
      10/15/13
    • 1980XLS: long $BVN $11.60
      10/15/13