proves too much. saying nothing more than don't fight the trend. not ludicrous statement. the fact that so many people are committed to the inflationist dogma in the face of 30+ years of disinflation just shows the hold that inflation still has on the public imagination
GLD up or down in 2014
- Thread starter billyjoerob
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proves too much. saying nothing more than don't fight the trend. not ludicrous statement. the fact that so many people are committed to the inflationist dogma in the face of 30+ years of disinflation just shows the hold that inflation still has on the public imagination
What world do you live in guy? The 10 year rallied from 1% to 3%.
the world in which 200 basis points is not a big deal
Gold declined from $1900 to $1200 over that 1% to 3% climb. You are quite delusional.
...your tone shows a lot of insecurity,, you must be heavily short bonds on your paper trade.
Mate, I don't paper trade. I trade with real capital. I'm shorting gold miners.
The other side of the trade! Groovy.
Long GDX as of Friday afternoon at a basis of 23.9096, and plan to hold for probably a year at least, but of course that will depend. I'll have to post here when I exit, just for the fun of it.
long DUST @28
I'll be out of it by 3rd week of may.
I'll be out of it by 3rd week of may.
1. Why the timing?
2. Its low in the last 20 days is 27.95, in regular hours at least. You have to go back aways before that to get a price that low. What was the date on that trade? Was it regular hours?
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.