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
23,462 Blog Posts

Taking My Foot Off the Gold Accelerator

I sold AU yesterday for a 10% win and NGD today for a +17% win. I have one gold miner left and will likely hold it until my ears fall off. While I’m bullish on gold, the metal seems to be stalling here — appearing to be both fat and lazy and greasy. I do not have an interest in a slothful gold trade, something that has ruined traders for the past 7 years.

So I am stepping off, once again supreme in my trading and dominant in my thesis.

I will revisit this trade when it gains steam.

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One comment

  1. teslawasright

    I’m thinking Gold may have a $500 day, if you blink you’re gonna miss it.

    SDR’s, Crypto, Gold-backed –> 1 World Govt.

    Reversal of Martin Luther and the Treaty of Westphalia. Nation states are dead.

    Off to gnosh on a few figs.

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