I sold out of RGLD, NGD, BZH and EXK. I kept AG.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,471 Blog Posts
Nice trade on EXK! Congrats!
The dirty Euro dollar could be rolling.
Just a little confused, but why did you sell out of precious metals if in your previous post you said precious metals are what makes more sense right now? Thanks le fly
I kept AG. Intuition told me to take profits.
I still like them but I put funds elsewhere
Is your call on gold and silver being the best two plays officially over?
And one minute or so after Fly’s post the PM stocks took a big hit on the dollar uptick.
The clue was the large cap PM stocks did not go with the rally, as they usually do.
I was in and out of my GDX short within 3 minutes for a 1% gain.
No way for a youg’n to make a living.
DUST (3x inverse gold stocks) is always an interesting gamble kind of like OTB in NY.
I wonder if the Europe Central Bank(s) may have to sell some gold to finance their scheme.
M-m-m-m-mmmm-Moookie!
That’s kinda p-p-p-p-pppp-pooosy!
(apologies to S. Lee)
😉
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Dollar support was at $78.fitty.
Let’s see how long that holds out.
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Best post evah!!!