Started the Gold Short
#31
Posted 17 June 2010 - 09:57 PM
#32
Posted 17 June 2010 - 10:13 PM
#33
Posted 17 June 2010 - 10:30 PM
Ah AK cool well it sure isn't a crowd.Not the only short!
I am short gold and silver from a week ago. In the kettle right here, however, no volume up so far on this move. Lets see it take out the swing point and hold and I will take my loss.
longer term I really think the gold trade has become to one sided. We are about to enter another deflationary stage where assets will all take a hit with our market. gold is due a large pull back and when it historically has done so it is always a deep pull back.
I think the deflationary hit will be far worse than our default/flight to the ultimate safety risk will be. I see a retracement to 900.
So one other short here Z. Though I am under water so far!
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#34
Posted 17 June 2010 - 10:48 PM
#35
Posted 17 June 2010 - 11:11 PM
may take a while though Nav perhaps 2013 could go sub 800 too. Always seems crazy when I call these things eh.900 on Gold !. That's a bold call Z. I will be watching with interest.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#36
Posted 17 June 2010 - 11:24 PM
may take a while though Nav perhaps 2013 could go sub 800 too. Always seems crazy when I call these things eh.900 on Gold !. That's a bold call Z. I will be watching with interest.
It's a bold call, but not crazy. If you had said GOLD 200, i would have called you crazy.
#37
Posted 17 June 2010 - 11:36 PM
may take a while though Nav perhaps 2013 could go sub 800 too. Always seems crazy when I call these things eh.900 on Gold !. That's a bold call Z. I will be watching with interest.
It's a bold call, but not crazy. If you had said GOLD 200, i would have called you crazy.
going to bed fell asleep on the sofa for an hour.
Edited by zoropb, 17 June 2010 - 11:36 PM.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.