Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (54622)	10/4/2016 3:06:38 PM
From: Claude Cormier	2 Recommendations Recommended By 3bar benwood Respond to of 60901

Well I am not trading gold on the short side. I am long to stay in this new bull. On the other hand the gold stocks ETF and indexes are a lot more leveraged and volatile (GDX, GDXJ and others have shown strong gaps in early June.) So, when I have the time to watch, I will trade JDST and the likes. JDST up 32% today, 77% in the last 10 trading days. Gold and gold stocks are not always in sync, but very often they are. They were in early June. Its been 4 months, the cycle is ending. Time for a other cyclical low in the days/weeks ahead. Could be delayed to November. As for the specific gold stocks, I will either be long or out. Never short. Don't have enough time to watch them daily.