re: gold on fire, three-alarm caution indicated
I agree that Gold needs a correction from currently ridiculous values, but that's a pretty big commitment spiderman184... a 130K short in a volatile market ... have you got any hedging in place, or are keeping a tight stop loss? Because all it could take is another Hamas suicide bomber or an Iranian Inurgent in Iraq to dd mass suicide bombings, to keep gold on a merry march to USD800 per ounce. Good luck ... I'm certainly backing your position that gold is overheated!