GOLD 0.51% $1,391.7 gold futures

The usual disclaimers re not being financial advisor, so seek...

  1. mja
    1,342 Posts.
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    The usual disclaimers re not being financial advisor, so seek independent advice.
    I was loaded in gold stocks until 3 weeks prev. Now find myself in phosphate sector. My impression is that Egypt/ Tunisian troubles have caused spike in gold price in developing down trend and probably have presented an opportunity to short or lighten load. US gold stock index looks like it is about to keel over as does gold itself.

    go to www.kitco.com has gold in Aus dollar down bottom

    risky time to be heavily long gold, but if this is the way you are leaning be sure to use tight stops to limit potential damage. Good luck.
 
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