Thursday, July 30, 2009

What happened to the Gold market?

As all my regular readers know, I own Gold as an account hedge and for that day that everybody realizes that we are going to get hit with some serious inflation! However, if you look at the statements, I have taken profits on Gold after being down thousands of dollars in it, made money on puts as it went down, etc...

Just like now, I still own Gold. I took big profits in half my position a few weeks ago, because of the above. So what's next? Take a look at this great video by Adam, who has pretty much pegged Gold and Oil's moves like he has a crystal ball...

Here it is...

p.s. Remember that this account has made serious bucks partly because of the technology described in this video.

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