re: gold on fire, three-alarm caution indicated
My hedge is my large paper profits which i havent realised in my gold mining shares. Ive let them run a fair bit and i wanted to try and catch what i believe would be some short term downside in gold. I cant predict what a terrorist or rogue nation will do so i do have a stop in place. Its in the money now and if it breaks the low of last night i will double the position and put a stop in the middlefor a risk free trade.
