everytimeicash
Long

Probably wanna stay long for now

AMEX:GLD   SPDR GOLD TRUST
21 2 0
@!simpletrader
By the way, commercial traders are still short more than 300,000 gold futures contracts, and they are the smart traders, so I would not look at this as a contrary indicator (Jake Bernstein says so).
Reply
Well, it is all upto the USD, Trump vs. Hillary and what EU throws out in the next few weeks. Gold is just prey to all of these economic issues going on right now, and I feel that Q4'2016 has more variables than normal. Janet Yellen's issues just stepped away for a moment, but will come back at the next FOMC meeting in 2016. Inflation is almost a non-issue around the world since we are in deflation. Not enough growth, no growth in job incomes, USD staying at the mercy of Yellen, and therefore Oil and Gold awaiting an 'event'. Negatives from Brexit yet to be felt in real economic numbers. I am holding on to gold stocks and gold for now since I feel that 2017 (without Trump) will be same as past 4 years of no growth, more US debt and a non-inflationary 1% GDP growth (net-net) environment. The Wild Card in all of the above any 9-11 type of event which can never be forecasted.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out