Gold - the POLL

are you concerned about AU (gold) price ?

  • yes - I am concerned a little there is something we do not know

    Votes: 30 75.0%

  • no - I think it is just the jittery people and it will fall back soon

    Votes: 10 25.0%
  • Total voters
    40
Matt ,its not something you marry,you trade it.Wheather it be stocks,options,futures or the physical metal, there is alot of money to be made in this sector.
 
Quote from praetorian2:

I don't know, but 35% of my fund is long gold stocks, and we're up 20% on each position since the beginning of april when we put em on. Paas (Fleck is a director) is also strong. I think that the move is a bit extended now, but any pullback is buyable. This will be a continuing trend that plays on dollar weakness. This weakness is systematic and will be lasting as the fed prints money to try and get the economy going again.
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This quote from several years ago shows that the move in metals wasn't unanticipated by some here. I would bet that guy is still long gold, since nothing has changed to cause the current trend to reverse.
 
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