Thursday Morning with Gary
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No risk. The trade is already into big profits with a break even stop.
There is always risk…….
Guts, but that makes money Jerry!
You can also, loose your arse…………………
Gary do you expect GDX and GDXJ to trend lower to 24.75 Docs target on gdx or have we put in the bottom in gold miners and gold. Is 1257 gold target still in play in week or two or are we out of the correction woods. Much appriciate your and Docs opinion. Gold’s been bouing up from 1280 level area to the upside violently. Thank you in advance.
I’m assuming that gold will be turned back down at the manipulation zone (1320) but we did enter full positions this morning as a short term trade as gold comes out of this daily cycle low. If by chance gold were to surge through 1320 early next week then we are already in and won’t have to chase.
That would indicate that gold formed a short intermediate bottom FWIW. But to confirm that gold will have to break through 1320 with authority.
Gary thank you very much. Much appriciate it.
Al thank you as well.
Hi Stewie,
Listen to our editorial today with Doc
Sweet Al. I always do!!! haha
Oh there was period after Sweet.
2005-2006……….the fed’s balance sheet was not what it is now….and the Treasury was not $17trill in the arrears!
TRIPLE LEVERAGE FUNDS?……..triple the risk…………now that is guts………..