Let the GOLD SOAR!!! Don't forget the SILVER!!!
If you remember I called for SILVER to BREAK $12.00/ ounce before the end of the week and it took less than 58 hours. NOT BAD. I can add a nice amount to my net worth. It looks like the Gold market has made a remarkable recovery back to almost 596/oz but I wonder for how long? I still maintain Silver is almost "bullet Proof" as I beleive we will see 15.00 before September, however, if your going to buy GOLD at $almost$600 Plan on holding it for at least 3 years and don't sit and stew about it. Gold does hold a major hedge against inflation since our Country is running on 4 flats however it will most likely be 2010 before we see Gold selling in the $850-900 range. CONGRATULATIONS to whoever called the silver yesterday as I did when it was down and held it overnight- I suggest being safe and selling at 11.20-40 today as a target and get out if it falls hard to 11.80. Never lose what you have in hand. Remember win 3 lose 1, and you'll always be a winner! Best of trading today. Author-GR.
posted by Gold Futures @ 4:56 AM
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