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Re: Gold and Silver Sept. 127 gld calls have had unusual buying activity, bullish for gold. gdx typically leads gld and gdx has been outperforming, but just turned down as gold turned up. Yen/usd has an amazing correlation with gold in usd, I don't know why but I don't need to know why, only what. Yen appears headed for 111 or close to it, bullish for gold. In summary I am confused so I'm avoiding it completely. If I had to I'd wait for a lower entry point in gdx. |
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Msg # | Subject | Author | Recs | Date Posted |
4535 | Re: Gold and Silver | little2late0 | 0 | 2/25/2017 12:35:05 PM |