Like I told you!
In case you haven't Gold has now topped $500 for the first time in many years. Not only that, but although it attempted to "shake" a lot of people out of their positions, these peoole soon found themselves on the wrong side, as the price is now $516.50.
There's no telling how high it will go, and while I'm sitting on a nice profit now, I want to get as much out of my position as I can before selling.
Now, the real trick will be for me to sell at the right time! :huh:
And the rest of you numbskulls better wake up. :bash:
Gold going up like this is a harbinger of bad times ahead. Get out of debt, don't trust you real estate to hold it's value, and try to find other sources of income just in case.
If you have the willingness and the discipline to use trend lines, you can move your money back and forth between cash and gold or gold equities (yes, Silver too!) But if you're lazy and just want your money to be safe, keep it in Gold or unhedged miners like Goldcorp. In my opinion you'll come out way ahead.
By the way, GG hit it's most recent low in May of this year at 11.98. Today, it is tradeing at 20.70 with it's most recent high at 21.85. There is a huge short interest on this stock, and if enough people start buying it based on Gold's strength, the price could really skyrocket.
:bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce:
