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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (25686)8/25/2011 10:31:11 AM
From: gold$10k1 Recommendation  Respond to of 29622
 
Sold the rest of my puts, bought 3% CEF... now 41% PMs



To: gold$10k who wrote (25686)8/25/2011 12:17:23 PM
From: carranza2  Read Replies (2) | Respond to of 29622
 
don't know if you are in ngd, but it is responding beautifully today. my buys of the last two days seem justified. we'll see if it continues.

that gold is being manipulated seems true in view of the fact that the mining indices are all doing nicely, but the market as a whole is down and gold continues to go down.

gold may well continue to go up after options expiration. it appears likely that a lot of traders were going to get severely hurt if it had stayed in the 1800+ range as options expired.