Time to go short SPY, Long GLD ?

Handle123 · Jul 20, 2015

South African Krugerrand and US eagles

gkishot · Jul 20, 2015

Handle123 said:
South African Krugerrand and US eagles

ok. What is your reasoning behind buying them every month instead of once a year?

Handle123 · Jul 20, 2015

dollar cost averaging, not buying them as investments, more like for short term safety.

syswizard · Jul 20, 2015

Troy Bombardia said:
China is a small player in the gold markets. Their reserves are still relatively small.

Exactly, and that's about to change.

Autodidact · Jul 21, 2015

Handle123 said:
I been buying Gold coins each month for several years just in case. Life is just a matter of waiting, being patient.

Careful there, the richest one in the cementary is still a poor rotten corpse....

Zestilio · Jul 21, 2015

All our system indicators are bull but if spx close below 2127 will be a sell alert.

Handle123 · Jul 21, 2015

Autodidact said:
Careful there, the richest one in the cementary is still a poor rotten corpse....

Well, there is being careful and there is being cautious, and I suppose you believe everything the USA government says is truthful?