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That data doesn't mean anything. Gold is a play on fear and the US dollar. The dollar/yen trade has been getting crushed all this year so far. One good jobs report and the rally is over. I would win in this trade either way, whether gold goes to 1400 or 1000. Let's say gold breaks 1400 and...

Shorting a bull market - this is why polar bears are going extinct.

It definitely popped after breaking through a key technical. Bought 1200 shares of DUST @20.

I added more to my position @20. It's going to the moon, and good luck with your sub par gain for this year. I will enjoy my 100%+ return as I did last year.

Your name says everything about you.

Arguing trading is like arguing religion. I'm buying every dip, but go ahead and miss out. I'm so confident, I'm leveraged with options and I'm not using any hedges. This market is going to the moon.

Yet another simpleton appears.

It's called weather. Get with the times.

2 bad job reports. Horrible weather affecting growth. Bad EM news. Shorts covering losses. I just described why gold is up. The overall fundamentals that saw gold plunge 25% in 2013 have not changed. I'll continue to increase my short position as this gold rally reaches exhaustion.

If I slaved away for a bank by working 100 hour weeks, I would probably do the same. I never understood why people want to become investment bankers. It's a life of misery.

GLD couldn't break 125, went as high as 124.96 until dropping. Possible top. Added to my short position.

Nice system you have there, bud. :D

You should put all your money in those puts so you can get wiped out and never post your stupidity on this forum again.

Doesn't matter that it's over valued. You simply don't short a momentum stock. TSLA has momentum, and you will lose on this trade.

Dead cat bounce.

Nothing happens if there is a split/reverse split. The option becomes adjusted so you aren't affected.

That's only true in times of volatility. You can hold a 3x long ETF for as long as the volatility is low. For example, 2013, if you held FAS through 2013, you would make a 100%+ return.

You mean $100.00, because that's the reality.

9/10 speculators in BTC buy into the "bubble after the bubble" mentality. They expect for BTC to drop in price, then to start a new bubble that will raise its price to record highs, then to pop again and repeat this process. This is not how bubbles work. Most people buy BTC in hope for a big...

Jan 29 it went below $28 at one point Limited downside to 22 from here. I'll look to unload at 50-60 range in a few months.