And i shorted it at $1,200.30 Lets see if i can make a little bit of profit on this trade and see if it gets back downto 1195.
dude ... be careful long term seasonal charts show gold usually rises this month the next few days are critical for the peso oops I mean $$$
u got bigger cojones than I peil... when I short this it will definately be through options! Could get wacky.
http://msnbcmedia3.msn.com/j/ap/bc0f966a-fac3-431c-84a8-93d3f8229539.widec.jpg god bless the american peso oops ... I meant the dollar
Gold does not seem to be respecting levels since it passed $1000. It just blew through $1100 and seems to be doing so at $1200 as well. The only thing that will cause a temporary correction in gold is another global catastrophe that will cause fear in the markets and a rush back into the US dollar. http://www.businessinsider.com/as-g...o-increase-its-holdings-significantly-2009-12