Discussion in 'Commodity Futures' started by jokepie, Jun 20, 2011.
Its time to get back in Gold.
anyone calculated latest US debt
Nice long term uptrend-GLD, gold;
nice medium term uptrend.
But for short term profitable long entry;
i suggested a short term GLD trader think about getting out yesterday or today. Not a prediction;not INVESTMENT ADVICE.
Gold & silver have nice very long uptrends/value;
more than 4,000 year uptrend . Also slightly bearish in short term;
all the gold silver dealers want US dollars, in exchange for gold or silver.
Not a prediction.Nor is someone nicknamed ''turtle'' the best qualified to make short term trend comments
I am all for scalling in on weaknesses..its time... hehe
I told a gentleman in a pawn shop one time ;
had a phone i got from Time Life Inc, it said ''Time'' on it. As i left that business ,[ plenty of gold & silver jewelry]he said''Take your time, take your time.................
Also funny but true;
daily GLD ,parabolic time price just gave a buy signal close today. But frankly i ignore that indicator more than i use it.Great indicator, but like Don Bright Trading Co said, dont put much faith in indicators.
I hear you. Not a prediction - they are all worth 5 bucks at a Palm readers desk.
I like the price action and that all I care ...if we can make and hold new highs it will be raining. SO just pacing it in now.
both gold and silver will have a 2nd leg down.
Do you wanna sell me some wheat today..?
Never seen any upternd without a correction Or Downtrend,
may help the long term uptrend, may not. Argentina inflation rate 25%, gov threating data providers.[Seeking alpha]
haven't checked any quotes today,
what's the ZW price now? 650?
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