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SPDR Gold Shares Message Board

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  • wes_w_weber wes_w_weber Oct 21, 2010 1:18 PM Flag

    Just sold all my Gold Interests

    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.

127.65+0.08(+0.06%)Sep 23 8:00 PMEDT