The drop sounds like a good time to buy ...... but, my lack of expertise with Gold keeps me on the sidelines. I need to get myself educated in this arena --- seems like gold & silver are becoming the latest talk in the financial sector .... cheers
Rolling the dice... I'm buying some gold ETF (UGLD) here near the close. Big sell-off today after Bernanke. Gold down about $90 an ounce on the day.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
The drop sounds like a good time to buy ...... but, my lack of expertise with Gold keeps me on the sidelines. I need to get myself educated in this arena --- seems like gold & silver are becoming the latest talk in the financial sector .... cheers
Knowledge is very powerful for your future
That looks like it could be a VERY profitable trade, Tom. Good luck!
ugld.png
CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I guess I should have taken day one's profit. Today's gap down stopped me out.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Dead cat bounce. Bummer.
CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017
Hmmm... maybe we'll test the bottom, and get some support near 36-37.
ugld.png
CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017
Looks like there are a couple of open gaps at 40 and just below 38. I may have to nibble at 40 and again at 38, with a stop below the Dec low (< 36)
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Gold looks like an attractive investment at these levels. Currently at $1637. Could see it going as low as $1550, but I think it'll near $2000 by summer.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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