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


To: ItsAllCyclical who wrote (25909)9/9/2011 3:50:35 PM
From: gold$10k2 Recommendations  Read Replies (1) | Respond to of 29622
 
Kind of ironic given that it appears we're on the cusp of global QE.

IMO, a criminal who was able to control the stock market would think, "If QE is going to send the markets to the moon, then let's sell the markets through the floor first to double our profits."

Meanwhile, I sold 9% of PHYS and bought GDXJ/SIL with the proceeds. Still 62% long PMs, still mostly hedged with GLD puts.



To: ItsAllCyclical who wrote (25909)9/9/2011 4:36:41 PM
From: ecrire  Respond to of 29622
 
Unless the Euro tumbles on Greek and other fears, its more likely Gold resumes its rally.
General stocks also due for a major rally no later than Tuesday.