SAFeTRADE
646 posts
msg #130598
- Ignore SAFeTRADE |
8/26/2016 10:40:16 AM
|
pthomas215
1,251 posts
msg #130637
- Ignore pthomas215 |
8/28/2016 12:52:28 PM
indeed. it appears as if right now gold/silver has bottomed out, is officially oversold and is about to spike. along with TVIX gaining. with a jobs report that is expected to be bad, this week would probably be a decent sized pull back. going to go long with 1000 sh of TVIX in pre market tomorrow to hedge against my long positions.
|
novacane32000
331 posts
msg #130638
- Ignore novacane32000 |
8/28/2016 5:26:10 PM
I wouldnt bet against commercial shorts who are betting against gold with a significant position. They've been wrong before but not too often.
|
pthomas215
1,251 posts
msg #130639
- Ignore pthomas215 |
8/28/2016 5:29:51 PM
Yep. Thank you. I forgot to mention that George Soros and others have gotten out of gold recently, sending less positive signals around gold and silver. That said, from strictly a technical analysis standpoint, it looks about as good a time to get in as any. the length of the hold is what to consider.
|