gold, page-62882

The losers are the late bulls buying when the up ramping was at its brightest with hyper inflation Armageddon. The winners are those buying in the low $1k and riding it back up.

It’s a matter of timing as always and that to me is more important than being right. Buy the gold safety play and your rewards are not as large as the leveraged producers.

I have no idea if we see continue gold rally on the next trading day but I’m glad I increased my derivative exposure last week. I’ll leave you and the goldbugs to slag it out as ultimate winners. I’m only in it for a cap gain as long as I can hold on for the ride.

Merry Xmas.