Back In
After selling my gold position two days ago, I have re-established my position. I may be doing this totally wrong, but following Friday's sell-off, it appears gold wants to go higher.
We are in a melt-up in gold, and I believe one must be quick on the trigger if you want to play it here, because when it does sell off, you are not going to want to hang around. It will be ugly.
I have not re-established my long position in stocks, though I may do so if we break to the upside.
Of course, I could change my mind tomorrow and sell gold again, making my broker happy.
»
- Read original article.
- Delicious
- Digg
- Magnoliacom
- Yahoo
- 2081 reads