Gold!!
Gold!!
I just contracted a sudden bout of gold fever. My trusted donkey is packed and I’m ready to ride out West – which from VLC is short of a 6500 mile journey. Just kidding of course – I’m more of a keyboard miner of sorts, toiling in the digital soil that are the financial markets.
Let’s see if we can’t dig up a few nuggets here, I’m really liking this chart I just stumbled over:
Now let me clear that it’s early days and that we have not seen any signs of a bounce. I’m grabbing a a few lottery ticket longs as it’s touching a support trend line I painted a week or two back. It’s also touching a daily NLSL and although that doesn’t mean much on its own it’s worth 1/2R. I may add more if I see price respond. DarthMole is also suggesting that we are heading into a low volatility cycle which may help us grab a position here.
Alright, got to run – Mrs. Evil is waiting with dinner.
The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.
Cheers,
