Marketsurfer's bold gold proclamation

Status
Not open for further replies.
Quote from western:

Gold has now made a new all time high in all major currencies except for the dollar and the yen.

http://www.galmarley.com/framesets/fs_currency_charts.htm

The huge rally in the dollar has temporarily masked the strength of gold, but I doubt that will be sustainable.

I wish gold would go down as its strength is a sign of the destabilization of the global financial system. But I don't argue with facts and I'm long futures and have been buying some physical as well.

very interesting
 
Quote from marketsurfer:

Why are my posts being deleted on this thread?

Thanks,

surf

Probably because you are playing mr. market guru. Stop trying stroke you ego by telling everyone what gold is going to do. A good trader makes his own decisions and doesn't listen to "newletters" like yours
 
MS's biggest issue is that he is unwilling to disclose his risks involved, simply saying Gold will be at $$$ by so & so date doesn't mean that much.
 
Exactly. It's just a useless prediction and has nothing to do with trading or risk/reward, etc. He wasting our time and potentially harming (and encouraging) any herd followers on this forum that take his advice without their own clear plan and methodology.
 
You guys really want your hands held. Sorry. Can't help you there. As I have always stated position sizing is key. Expect serious volatility on the way to sub 600. Standing by the initial projection. Things are setting up perfectly. But as you know. Exact timing is impossible.

Best

Surf
 
You shorted gold thinking commodities would collapse. they already did, you thought liquidation on large funds would lead gold down, you are getting people scrambling to get coins and bars
 
so two of your arguments melt away and you decide to stick to the third, that thousands of years of psychology will go away in one of the worst crisis. how convenient
 
Status
Not open for further replies.
Back
Top