drchelsea1

GLD - Adding more to OUR SHORT POSITION $146.75

Short
drchelsea1 Updated   
AMEX:GLD   SPDR Gold Trust
0. GLD just putting in a terrible performance today.

1. Corana Virus and Doomsday Nonsense, and $146.75?

2. In a downward channel, and going to break down any day;

3. #1 Topic right now at Davos - ASSET ALLOCATION / OUT OF GOLD AND INTO WHAT??
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4. All the players at Davos are talking quietly about "unwinding the Gold Hedge". You better watch yourselves...
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And oddly enough, this was about to unwind and go down hard until the News of a single case in the U.S. sent people back to Gold. Going to hurt next time. This is just another SARS, not a big deal in terms of the market.

After semi earnings kick off, GLD is really dead, so dead, I am looking for a phrase to describe this, old farts holding their gold nuggets and going off a cliff, that is what I see as the Nasdaq breaks 10000
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Better suggestion.

Dump GLD, and buy volatility if you need a hedge. Gold and negative interest rates is a no go. You just haven't figured that out yet, because we haven't got there yet...
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If you are wondering when and IF to execute this trade. If you want confirmation wait for this story:

Barrons - "The Rally is For Real - Not Kidding".

Then you will know exactly what to do, and those sitting on gold bricks will toss them aside for SHARES IN AAPL.
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Oh wait, we have this:

Homepage already says "30000" I wonder.... I guess GOLD is just going to $2000 as well, just for fun? Cause Gold needs to be more expensive? And why is that? I can give you the thesis for AAPL, and TSLA, and AMD, Gold, a Hedge for a recession and Bear Market that is over now...

www.facebook.com/barrons/
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From George Soros for the Gold Bugs:

And he has been "whispering this" at Davos RIGHT Now...

"Gold's price would never fall below the cost to dig it out of the ground. Depending on how much new exploration is done, it's between $500 and $1,000 an ounce. Worst case, gold prices won't fall below $500 an ounce. If it did, exploration would stop, but historical gold prices have risen much higher than that. So, gold's value is not based on supply.

History before 2000 reveals that, as the stock market rises, gold prices fall. There hasn't been a threat of inflation above 4% since 1990, so investors have no compelling reason to buy gold. As the stock market hits record highs, gold prices will continue their descent."

www.thebalance.com/g...le-has-burst-3970478
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Obviously the Americans want to destroy Gold, and the Chinese want to take it to $2000. So, the $146 to $147 swing is joke to scam options holders, and bagholders, as your options Theta to Zero.

We are going Delta Neutral with a Massive Long position to counter all our PUTS. We will GAMMA SCALP this piece of garbage as it oscillates between $145 and $148 over the next few whatever and make a killing.

The U.S. will win, and GOLD will head back to $1200 and ounce and OIL will go back to $100 a barrel.

These are the circumstances that are THE MOST FAVOURABLE FOR THE U.S
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During a prolonged Technological War for A.I., Quantum Computing, and the future of humanity.

CNBC called AI the next "ATOMIC BOMB" yesterday, and the "U.S. Must get there First".

I think you get it.

The China are the largest stockpiler of GOLD, and a massive NET purchaser of OIL. Expect the Drone attacks to continue in the Gulf and the Fight with IRAN to keep OIL prices low, and equity chasing will hopefully TANK GOLD. This is the plan that Mr. Trump has laid out to the other 2138 Billionaires that own 1/2 the planet, at DAVOS.

Cheers.
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Keep oil prices HIGH sorry.
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And Russia, U.S. Best buddy, is a NET EXPORTER of OIL, so they want $100 a barrel. That is why they colluded to GET TRUMP elected. They predicted the end game of this 10 year TECH WAR we are going into.
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