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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (294008)	11/27/2010 10:39:54 PM
From: TH	Read Replies (2) \| Respond to of 306849

Tommaso, Yes, your statement is true, but only if gold goes up and I cover on the highs. To be honest, that has not happened yet. I've shorted gold a bunch of times over the past 6-8 weeks and I've covered at a gain every time. Two of those trips paid very well, as I had very large positions. I love gold. And if I can short it against my bullion when it is over-extended, then I'm like Auric Goldfinger and interested in anything that can increase my holdings. My ultimate goal, probably to be realized with in the next year, is to add half of my trading portfolio back into bullion and giving my largest physical hold ever. The reason I want to do this is that I believe the debasement to come in the years ahead is going to be much larger than many expect and I don't trust paper. So, lots of physical (silver and platinum on the next load) and the rest in miner shares for the long hold. I believe in gold, it is just that I believe it might be at the top of it's channel. And the 60 chart looks bad to me. Real bad actually. GT TH