I tend to add on weakness, which has been OK to good, but have not rotated out at critical junctures, because I wanted to have ticket to the show when gold really takes off (assuming it does, haha)
Watch when I do rotate out of DROOY and CALVF, at $2 & .25, they'll go to their '95 highs...
Going to sell in 15% increments if we do see $500 POG. I think following weekly charts & being mutuals has kept me from overtrading, but I could have lightened up slightly a couple of times and been way ahead. I underestimated how long it would take to get to the launch pad.
Gold is an insurance hedge for me a'la JS. I think some critical events start taking place here in March (economic, geopolitical, etc...) The complacency here in Northen California is striking. People discuss things, sure, but somehow think these events will pass without a real adjustment in the US. I think the dollar is saying that things are different this go around. |
