Dude you don't know a thing about futures contracts, delivery, margin, clearing, or market makers. Why should anyone listen to your BS calls? 10 year trading plan? You plan to roll the front month contract every expiration and have contango eat your profits for 10 years? Yea. Smart.
================= Well i have looked on 10 year charts & longer & shorter. But to put it simple,one may want to add a shorter plan also; that way if gold stalls about $4,000, GLD @ about 400.44+/, silver,SLV may be worth a study. Not a prediction
If you can trade those markets short-term, more power to you. Scares the crap out of me. I only see a trading opportunity in those markets a couple of times a year. Something seems to be going on right now, but I would not do anything other than the plan above.
==================== Firewalker-Trend Well i do like some short term charts[daily candlecharts]; & 10 year monthly candles are quite useful. Another medium term favorite chart is 3 year weekly; unusually strong trend as of wednesday[weekly candles] unusual strong trend , gold up 7 [seven]weeks in a row. Looks like its going past $2,000; but Goldman maybe right, price target,gold less than $2,000 . I like to tighten up long term stops when its[gold,GLD ]up seven weeks in a row.........................................................If it still a strong trend fine,stay long . Other wise , adios amigos[goodby my trend friend]
In case you haven't been watching the bond market: http://www.elitetrader.com/vb/showthread.php?s=&threadid=227439
I once lost $1,500 in 10 minutes at blackjack. I was able to able to get 1 bud light in that time frame. So let me tell you...a $1,500 beer does not taste as good as a $3 beer at the bar, so a $100k night out in vegas is a horrible night.