I am still a long-term holder and see $2000/oz in a couple of years. However, I see it as overbought and a 10 day or so retracement perhaps as far as 1150. As a big holder, I'm just selling ATM calls for June.
the 1180-1200 area is massive support, if the price firmly breaches and then closes under those levels... it is likely to cause a sharper retracement back down towards 1000.
the 1180-1200 area is massive support, if the price firmly breaches and then closes under those levels... it is likely to cause a sharper retracement back down towards 1000.
I see 1150 now as quite possible and others are agreeing with tuther chap on here for 1000. I still think it's a buy though, but I'm small net short with a ratchet stop now.
It's going well lately. I see 1150 now as quite possible and others are agreeing with tuther chap on here for 1000. I still think it's a buy though, but I'm small net short with a ratchet stop now.
All that glistens is not always gold. I read recently that a lot of companies who keep gold for their investors are leveraged 100 to 1.
If i bought gold i want definately want to be able to see it to know its really there.
All that glistens is not always gold. I read recently that a lot of companies who keep gold for their investors are leveraged 100 to 1. If i bought gold i want definately want to be able to see it to know its really there.
That is true paddle. Some folks are encouraging people to take delivery for that reason. If enough people do, there would be a tidy squeeze that could make it fly! I have a few bars already.
That is true paddle. Some folks are encouraging people to take delivery for that reason. If enough people do, there would be a tidy squeeze that could make it fly! I have a few bars already.
Well, I closed my cheeky short today. Didn't have the cojones to be anything other than long over the w/e. Who knows... North Korea, Greece, Thailand, Tie Rack - any of them could go.
Well, I closed my cheeky short today. Didn't have the cojones to be anything other than long over the w/e. Who knows... North Korea, Greece, Thailand, Tie Rack - any of them could go.
Looks even better this morning. I also picked up a stack of 100g bars online yesterday. Hope you all bought some there cos it's off to a new high now...
Looks even better this morning. I also picked up a stack of 100g bars online yesterday. Hope you all bought some there cos it's off to a new high now...
Yes. I got some more on Sunday night around the 83 level spot equivalent. I am getting about as long as I want to be now and looking at getting some Long Bonds. Don't know whether to buy some 30yr zeroes for the pension or just Long Bonds outright. Bit of both I think, but I am in late this time round for bonds.
Yes. I got some more on Sunday night around the 83 level spot equivalent. I am getting about as long as I want to be now and looking at getting some Long Bonds. Don't know whether to buy some 30yr zeroes for the pension or just Long Bonds out