Could gold reach 30000$

[uptik2000]

Quote from freealways:

Yes, that was very smart of you to take your money and run.
But ...................., was it the SMARTEST thing to do ?

freealways

well, so far , it does look like the smartest thing to do. Thanks for pointing that out.

Happy Trading

 

[MondoTrader]

I am bullish on gold for the long term but I am also a swing trader, so i think its ok to take profits on partial positions. I don't scold anybody for taking a 100% profit in a short period of time. However i have a story....I bought a stock called MEDX at around $3 a share in the 90's, sold it a few months later at $9 and it was great.....then it went to $200 !!!! Crap like that happens, so if you have a real bullish case then always keep a little bit. I don't think this is a spike in gold, i think it is a bull market in gold and most institutions are not yet participating in a big way. There will be drops but they will be skakeouts only until the fundamentals change.

 

[Avalanche]

When is that gold ETF being rolled out? anyone know

 

[Babak]

The ETF will probably come out at the top of the gold bull market

 

[Cdntrader]

Quote from Avalanche:

When is that gold ETF being rolled out? anyone know

I think its late this mth or next.