bought qid @ 21.95
orders are in for uup @ 22.20 and ssg @ 20.00
got a little sds @ 36.95
seems silly now.....
The mirror is working again today.
Gold and silver near flat and GDX down the same percentage that SPX is up.
no sir, my first sell price has now been moved up to 1.80,folks just wanting now are gonna have to pay up,as i have been through the trenches with that one
1000 at 1.5 on the open.
Was that you mark.
Jeff spreads a nice table. What a feast. Martha Steward
couldn't do any better.
http://stockcharts.com/h-sc/ui?s=$GOLD:$XAU&p=W&yr=3&mn=0&dy=0&id=p49675837587
that peak late last year shows how the miners got annihilated compared to gold.
if you draw a longer term chart it would illustrate "normal" conditions even better.
i believe the miners are still cheap compared to gold.
their margins should be expanding.
but the one variable we have in today's market that we did not have in the past is the GLD.
this allows folks to have exposure to the metals in a way that was not available to retail folks in the past.
folks that did not trade futures but wanted exposure to the metals would buy the miners.
going forward the miners may not really enjoy premium valuations compared to bullion until the later stages of this PM bull when the public really gets involved
Yes, he's a trend follower, so never catches the turns,
but not too late according to this link
http://www.gold-eagle.com/editorials_08/nielson101609.html
Is Richard a little late too the party?
http://www.321gold.com/editorials/russell/russell101609.html
...i'm just trying to get a feel here...about the man.
i liked the way gold seemed to find some willing buyers @ 1050,we will see if that support holds next week.
Paul has long been a bear on gold....like Jon Nadler.
He has the guts to call gold 25% overpriced...as though he's smarter than the many
players who actually determine price.
Gold traders are calling for gold to decline next week.
This is not a contrarion call as they've been correct 58%
of the time over the past 283 weeks.
http://www.bloomberg.com/apps/news?pid=20601012&sid=axapyXWM42Zo