GOLD 0.51% $1,391.7 gold futures

just trying to get a feel for managing risk here - GREAT...

  1. 804 Posts.
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    just trying to get a feel for managing risk here - GREAT THREAD!

    - lets go with open interest rising and COT short positions being overwhelmed and irrelevant this time round - w'ere in a 400-730 05/06 run as mja notes

    -lets say "deep pockets" (them chinese?) are raising the floor

    all good stuff

    my worry is the broader picture of worldwide markets rolling over bigtime
    and if this is another leg of a W bear then

    .....gold is reportedly highly leveraged and will fall bigtime (maybe not for long) as the world tries to find dollars to pay down debt......?

    disc...I recently bought PM here in Oz (have not sold any since 2005) and still in CRK MCO and TRY so my toes are still in the water but the broader economic picture is making me very nervous

    thanks again for all the great sharing here
 
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