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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 389.75+0.5%4:00 PM EST
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To: GST who wrote (23002)12/6/2010 7:44:18 PM
From: ecrire  Read Replies (1) of 29622
 
In retrospect you are right of course as Gold is at new highs now.

From a trading standpoint one tries to avoid being caught in a massive decline as neither you nor I nor anyone else knows the future course with certainty. I understand your conviction and the reasons for it and respect them but speculating on how the world looks in 5, 10 years and what this does to the gold price is not my strong suit, so I keep trading positions, so far with good results, but can never ignore daily macroeconomic events which affect these markets.
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