The coming US dollar crisis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NOW who wrote (22286)	8/24/2009 4:26:33 AM
From: Real Man	Read Replies (1) of 71479

I have no playbook with gold, telling the market what to do is not my style. Overall, gold seasonal period is now bullish, with September usually the strongest month of the year. I'm just long. CFTC fund regulations can cause short term weakness in gold as well, but if investors just start swapping GLD for physical, gold will soar enormously. I would also expect additional demand in precious metals thanks to CFTC regulations. To answer your question, no, I am fully long precious metals at this time, except that I did diversify into other areas. This is still by far a major position, and gold will likely now lead other commodities much higher, assuming traditional inflation hedge role.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next