Nice Gold Trade

I am selling half my trade into the Consumer number this morning with golf now touching 520 an ounce. My cost basis is getting lower and lower and the fundmantals of gold look better and better. Good bull market bounce of $490. Was a little early at an average of $505, but could see 530 tomorrow.

My post on December 14th was as follows

Gold Dips briefly below 500

Sometimes, the markets can hand you money. I think this is one of those moments. A $40 sharp pullback in Gold, entrenched in a bull market is a time to buy.

Let’s see where Gold settles in the next few days

6 comments

  1. Anonymous says:

    learn to fucking spell man

    the only 520 golf is soem fuckng taylor made drive that you could not hit if your life fucking depended on it

    just kidding

    i am enjoy reading your thoughts

    cheers

    rock

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