jaxdog

$PHYS (better than $GLD) Looks like Gold is Breaking Out!

Long
AMEX:PHYS   Sprott Physical Gold Trust ETV
I've been looking at a gold play for awhile now. $PHYS seems to track "real gold" better than $GLD. I just opened a new position as it both had broken the down trend line but I also wanted it to retake the 200 DMA. I've got a tight stop on this. You can see my entry and stop on the chart. I'm looking to gold / $PHYS as a hedge on the inflation headlines. Ideas, not investing / trading advice.

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