a gold flip, page-3

  1. 10,404 Posts.
    Never bought MML. Gold stocks are a wait in progress as posted.

    I went short gold at 1260 but will wait till after the FEDs announcement Thursday morning (4amish!!!). Gold should do an about face thereafter but I'd be guessing to give an entry point or time.

    I don't want to have anything to do with gold stocks at the moment. As posted, someone thought ~$5 NCM was a possibility and maybe 50c for MML. As someone also said 'gold stock shares will be almost free' during this patchy time.

    The FED meets the 16-17 next, 24 Oct and 17 Dec. Leading up to those dates I expect wild market swings, a possible years S&P500 low, an advancing USD and gold to do a triple somersault backflip with double pike.........and the FED to announce nothing.

    Markets are presently held up by near zero interest rates and won't take kindly to anything that can spoil the party.
 
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