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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (108744)6/9/2010 8:34:01 AM
From: Paxb2u  Respond to of 110194
 
TH---For hedging gold I use GLL. For trading the mkts I use SPXU (short S&P) and SSO (long S&P) I am also extremely high in cash. 70%. The rest in gold nuggets, small position in TPZ for divie, and just bought small pos in SSO for a trade. Will build short position as S&P approaches 1107 (200 day SMA which I believe looks like resistance).

Have been adding hedge position in gold with small increments every time we reach a new high. It takes a fairly large cash outlay to short with GLL, but I have no intention of going all in (long or short)---into this mkt.

Good luck---Peace



To: TH who wrote (108744)6/9/2010 9:37:40 AM
From: ggersh  Respond to of 110194
 
TH,

I'll give you my 2c, fwiw. As for the miners two
things to consider, first they are only paper and
secondly to "nationalize" them a possibilty????

BWTFDIK!!!!

ggersh