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SPDR Gold Shares Message Board

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  • charlie.54321 charlie.54321 Oct 20, 2010 2:27 PM Flag

    Just sold all my Gold Interests

    Man if by some twist of fate you can pull off all that, my hat is off to you.

    But as for me, a mere mortal I will sit tight.

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    • No doubt there are risks on both sides and all around but vegas wouldnt want it any other way.

      Regardless his USD rally thinking is similiar to what I've been thinking and doing for two weeks.

    • I wouldn't say a twist of fate. Just recognizing that the only way to bring Gold down, which is a necessity to make it go up of course, would be some kind of Macro Economic Event like what occurred in China the other day with a seemingly pointless Interest Rate hike.

      In the Global theme of things it quite frankly is insignificant. What it was significant in however was a momentary shift in perception. The moment I had been waiting for to exit Gold before I buy in around November 6th. Arrogant, Yes. Right? Also Yes.

      I beleive the thesis will hold true.

 
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