I am long DUST. Just wondering what other people in DUST who are long (holding over night) are thinking.
I am still down. I bought in at $96, so my break even is $48. I was so close to that today. Now - $6 away. I am frustrated and mad I didn't sell earlier. I watched the video on GDX's news and it says there are twice as many (and 3 times as many) calls to puts today (bought by sellers.) What does that mean? Is that bullish for GDX or bearish? You can view the video by going to yahoo, finance, GDX and look under news - it is the first one. Let me know what you think. Thanks
wish I had sold today
I am actually in it with a price of $48 because I bought in pre-split. Lucky me. I am really ticked today and can't get past the 10% up day only to end flat. It is options expiration and I get that, but if it inflated gold (of all days today when it was down so much on Iran deal) then gold should go straight down tomorrow.
I know they said it was options day, and they said gold would go up today, but would be short term and down long term. I sure hope so.
In the commodity markets prices moved lower, reflecting the greater attraction of equities and the dollar following the Iran deal.
Gold slid more than 1 percent to around $1,230 an ounce to reach its lowest level since early July. (GOL/)
Bullion was also weighed down by fears of an early end to U.S. stimulus measures and as holdings in the biggest gold-backed exchange-traded fund suffered the biggest drop in three weeks.
Copper had slipped 0.4 percent to $7,064.75 a ton though this followed a rise of 1.2 percent last week, its biggest weekly gain in two months.
Sentiment: Strong Sell
Taper is not old news. Gold only rallied recently because taper was off the table. This is nothing. Gold will be 1,000 by next year - look at what the analysts are saying.
Sentiment: Strong Sell
Well, it has hit below that. All bets off, so he is no longer a bull and time to short gold and miners.
Sentiment: Strong Buy
Well, all bets are off. Time to short gold and miners.
and now dropping to 2% up. ridiculous. Should be a 10% up day today. Sux
You're kidding, right? This isn't old news. It just came out yesterday after the ECB meeting. Great time to be in DUST.
FINALLY! No one thought the ECB would cut rates. This is great for DUST going forward. Time to load up and ride it to $65. And, jobless claims were good. Going to be a great day!
Gold is a BIG sell - get in DUST.
Of course. ANV is a sell - as well as other miners. Gold is headed down - and is still in bear market territory. DUST will double by March.