Good Gold

GlobalFinancier · Feb 13, 2006

Spot gold $545.80.
Intraday bottom. Not to mention some bullish divergences.
We should see some more upside from.
http://www.netdania.com/ChartApplet.asp
Quote me on this one.
GlobalFinancier vs Mr Market 2:1(Twice right on oil, Once wrong on Nikkei)

Johnny Walker · Feb 13, 2006

Wrong, Gold is at 538 right now.

SethArb · Feb 14, 2006

thanks for the link !!!

sorry you are now batting 50 %

GlobalFinancier · Feb 18, 2006

Gold breaks to new highs at 551 after a dip to 535.
Morale: I jumped the gun entering then.
Half of my real money portfolio is gold stocks. BULL.

drsteph · Feb 18, 2006

Quote from GlobalFinancier:

Gold breaks to new highs at 551 after a dip to 535.
Morale: I jumped the gun entering then.
Half of my real money portfolio is gold stocks. BULL.

Dude, you are waaaay more aggressive than I.

I love gold, don't get me wrong, I just can't see why the CB's won't punish it in the future during any extensive run up. Why be long now what you will probably get for cheaper later?

SethArb · Feb 18, 2006

howard simmons makes the case for lower gold
in the latest issue of SFO magazine

I hope he is wrong before he is right so I can unload my silver coins above $10 spot

Bitstream · Feb 19, 2006

u are not the only 1 jumpin' into gld at those levels and I criticized the fella that bot there....he's obviously sitting on nice gains now and I although he took some heat he sure knew better....and, yes, I knew crap ;(

acronym · Feb 19, 2006

Its starting to look good, but its only one trade right?
Gold bugs NEVER say die, strange they never sell........

GlobalFinancier · Mar 18, 2006

Buy more.
1)Strong EUR/USD, probable bottom
2)Strong commodities, especially copper oil et al.

GlobalFinancier · Mar 23, 2006

Sell.