iBankCoin
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

Fly Sells: RGLD, NGD, EXK

I sold out of RGLD, NGD, BZH and EXK. I kept AG.

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11 comments

  1. Fifty2weekhi

    Nice trade on EXK! Congrats!

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  2. Raul3

    The dirty Euro dollar could be rolling.

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  3. fly ftw

    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

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  4. Green Machine

    Is your call on gold and silver being the best two plays officially over?

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  5. TraderCaddy

    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.

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  6. TraderCaddy

    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.

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  7. Jakegint

    M-m-m-m-mmmm-Moookie!

    That’s kinda p-p-p-p-pppp-pooosy!

    (apologies to S. Lee)

    😉

    _______

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  8. Jakegint

    Dollar support was at $78.fitty.

    Let’s see how long that holds out.

    _______

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  9. 4fl3x

    Best post evah!!!

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