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I hate it when I'm right.....
Especially when it means gold goes down.
After hitting $894(!) last night, I had the feeling it wasn't going to last, and damnit, I was right. At it's lows this morning gold was down $6(!) to $874. It is now flat. This volatility is nuts. I will say, gold is impressing me rallying in the face of a stronger dollar.
Strap in kids, it's gonna be wild.
After hitting $894(!) last night, I had the feeling it wasn't going to last, and damnit, I was right. At it's lows this morning gold was down $6(!) to $874. It is now flat. This volatility is nuts. I will say, gold is impressing me rallying in the face of a stronger dollar.
Strap in kids, it's gonna be wild.
posted by Neal | 9:18 AM
1 Comments:
Enjoy reading your comments. Fast money stated that Dennis Gartman sold half of his gold position today, but apparently hedging by still holding half. Any thoughts on his move?
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