Gold Bull's are cracking me up---the SELL-OFF began today...see ya at 999

increasenow · Jun 28, 2010

Gold Bull's are cracking me up---the SELL-OFF began today...see ya at 999...

come on...you saw the furious down move...it is going lower

Ivanovich · Jun 28, 2010

Are you aware why the down move occurred today? Do you know what happened?

Actually, do you know anything at all?

rcaldwell · Jun 28, 2010

Same stunt was pulled last Monday at 1260.

Rodney King · Jun 28, 2010

psytrade · Jun 28, 2010

hedgies think gold is an inflation asset and bought it. Where's the inflation?

sumfuka · Jun 28, 2010

So buy the gll call options then.

ASusilovic · Jun 28, 2010

Quote from psytrade:

hedgies think gold is an inflation asset and bought it. Where's the inflation?

They bought it also as a deflation "asset"...

psytrade · Jun 28, 2010

Agreed. Soon it will have arms and legs, and maybe some hand to hand combat skills...

Speciaul_K · Jun 28, 2010

Must be breaking down. I usually get trading firms calling me trying to get me to buy spot gold right before it breaks down. Got a call Friday.

matgallis · Jun 28, 2010

Since there are still gold bears, i'll remain bullish.

Weekly chart remains ok, if we break over night and sell into NY open then look out below!