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Me chinese, me make joke. Me put pee pee in your Coke. Confucius

I'm always most active on a crescent moon.

Lol, hmmmmmm market trading 41.50 at the time of your post. Seems like maybe, and this is a BIG maybe, you are trying to get a better price by "correcting" your entry price. You see why it's possible to think that?

This is looking like a breakout from the consolidation after the big move on 12/1. Will be looking to take profits on my add at ~1250. Things could change but do have a stop in now at 1195. Edit: just realized in my post above this I said I added and rolled at 1995.10 it should say 1195.10...

I agree. Added at 1995.10, original was at ~1997 and have rolled both contracts out to the FEB MGC.

Someone's getting pounded today. All in all very interesting. Will be looking to add on any kind of consolidation or pullback but will still be fairly conservative because of the jobs number on Friday.

Hahaha. I'm not attempting to forecast either. I just know that gold/ silver/ miners are a decent risk reward here. My $500 HUI number was just a total guess. Usually I'm grabbing a 10 baggerish if I'm right. Takes me lots of swings to be right sometimes, so for all I know, Gold could be...

Starting to look like we should get some short term weakness in gold here. Still long. Will be willing to add to positions when we get up and through 1200. That may take another couple weeks though.

It was a joke. Maybe it was too soon. I hope I didn't offend anyone with my post. I know neither Doji, or what she looks like, or Big Hog.

No offense Richard, but I think hog would rather mentor a smoking hot blonde like NoDoji than a dude named "Dick Rhymes".

Jeepers! I knew surf was a big deal, but Yellen? Guy is a true legend! :rolleyes:

May want to check that calendar bro.... http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

I would say it's easily possible that the XAU has a 500 handle in the next 3-5 years. Frankly, I think it probably trades higher than that.

XAU is outperforming.... If you look at a long term chart of XAU/GOLD, imo, it will be important for XAU to outperform in comparison. I think it would mark an overall change in market sentiment. The miners are literally an eye bleeding buy right now. They are a 10 bagger or better.

Still long and liking the action today. Anytime the miners and silver are leading I think it's a good thing. Any move above 1200 will be a sign for me to start playing more aggressively.

Obviously, still long and in the same position. Will be very interesting if we break through the 1200 area on gold. This is no doubt a ways off but I think it's fairly probable. Miners continue to outperform the metal.

Yeah, so much of it is pretty laughable in the end. I mean I think it's pretty obvious I'm trading small and the one guy is blasting me for taking a "huge" loss. Pffffffft! Also, averagaing in on long term trades is for suckers huh? What do you think Buffett did?

On that note, going to do huge volume today in GC. If we close higher on the week I would say that's a pretty serious reversal print on a weekly chart.

Lol, wow. Going against the crowd always brings out the haters.

$2500 allocated to picking a long term bottom can end up being quite a bit as well if I'm able to get it on in the right spot.