Im shorting gold and I dont care what anyone on ET has to say Price right now: $1002

Discussion in 'ETFs' started by Port1385, Feb 22, 2009.

  1. This is just like the Crude spike. It could provide much more pain than you can take. I'll bet at the final gold peak, you will be covering your short, and calling everyone to buy gold because it's going to go up forever.
     
    #11     Feb 22, 2009
  2. Cutten

    Cutten

    Ladies and gentlemen, I do believe we have a buy signal.
     
    #12     Feb 22, 2009
  3. den999

    den999

    You go girl!
     
    #13     Feb 22, 2009
  4. If Port does it it will be his first legitimate trade...not likely:mad:
     
    #14     Feb 23, 2009
  5. Port, if you really didn't care what anyone had to say about your trades you Really would NOT have even mention it to anyone, let alone here. The FACT that you had to let everyone in ET know about it, tells us that you are insecure about your position and you want a hug, a cuddle and to feel secure about your decision:cool:
     
    #15     Feb 23, 2009
  6. He does not have an account to blow, just pipe dreaming.
     
    #16     Feb 23, 2009
  7. lpchad

    lpchad

    Nice call port, gold at $990. Take your scalp for a profit
     
    #17     Feb 23, 2009
  8. $12 move for Gold is meaningless. It's $997 already.
     
    #18     Feb 23, 2009
  9. Gold is unstoppable. It surges even when the market crashes or rallies. With the fed printing money without any reservations the dollar is doomed, and gold is will continue to rally. Shorting it is suicide.
     
    #19     Feb 23, 2009
  10. The place to fade gold is probably near 1,033. 975 support held...
    it's prob. got legs up to 1025+

    GL fading it though!
     
    #20     Feb 23, 2009