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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (4127)6/1/2009 4:46:25 PM
From: Real Man  Read Replies (1) | Respond to of 26251
 
I sold about 1/3 of my gold stocks that trade HUI and hedged
the rest with GDX puts. If gold and gold equities correct sharply
from here, I'll be a buyer of physical in the lower 900-s/upper
800-s (880). It's hard to imagine gold will go any lower during
the weak Summer season, as India will apparently buy it in
the mid to lower 900-s.