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- SpacyTrader replied Oct 15, 2013
Closed my XAUCHF long in profit and entered short at 1162. Gold is fun.
- SpacyTrader replied Oct 11, 2013
Closed my XAUCHF 1196 short and went long at 1159. Missed entry at 1151 but what can I do ?
- SpacyTrader replied Oct 10, 2013
It'd have to be WW3 to deprive gold of its value. As for the price- it doesn't seem to be overvalued if you look at the cost of production. It's true gold has the problem of huge inventory potentially ready to be dumped on the market. Precious ...
- SpacyTrader replied Oct 10, 2013
I think it depends on the type of financial collapse. And I definitely don't agree about gold only having value as long as paper currency has value. If by some miracle the printers fail and we have a deflationary collapse there may not be an ...
- SpacyTrader replied Oct 8, 2013
Dunno about anybody else, but as far as I'm concerned I think gold makes a much better store of value than a paper currency. Problem is since it was demonetized it is prone to huge swings. If you bought in 1980 you'd have been under water for a very ...
- SpacyTrader replied Oct 8, 2013
Hey everyone. I take my first trade on gold today. Short XAU/CHF from 1196. Should have entered at 1199 but close enough- couldn't be helped. Top should have been made already. I'd expect it to drop for at least a week.
- Posts by Member Search: 'SpacyTrader'