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I did not say I have a $1 target....it will not get to $1 b/c the powers that be will r/s before then, IMO.
Looking at this today, IMO, as I said before I am looking for entry point.
The market is still going up and the banks are betting that interest rates will go up, coupled with the next administration, I would be hesitant to add until the Fed decides one way or another on the interest rates.
I am a bit surprised gold has gone down this far, herd mentality, may break $1,200?
There will definitely be a LARGE bounce at some point... anyone's guess as good as mine...
GLTA
Crater!
Keeping an eye on this for entry point...
Signs from Fed that it may raise rates in Dec causing this to crater...
Given the transition in January and possibility of whoknowswhat? JNUG may be one to day trade the first half of 2017...
GLTA
Biggest spike I have seen in a while, may get out before close tomorrow or before report...
GLTA
Somethings cooking with gas...
Nice run!
Looks like gold will go sub $1200 after hours....
If it opens sub $1200 tomorrow, I think JDST will run a bit further...
IMO
GLTA
Here we go!
Let's see if gold breaks $1200....
GLTA
Dunno, anyones guess.
Would think this would open up 10%, but I think people will wait till later in the afternoon to confirm that gold is giving up its ground.
IMO oil has caused a flee to safe haven, including gold.
Saudi Arabia and Russia are talking oil on Tues, if anything meaningful comes out of the talks, even speculation, I think gold will go into a downtrend for a couple of days.
All IMO.
Down to 1192!
Looks like it is moving opposite of oil, as oil spikes! Will be interesting tomorrow premarket!
GLTA
Gold down $34 after hours...
Will be interesting trading tomorrow!
GLTA
Of course it would jump to $34.00... a couple of days after I sold!
That's life.....hehe!
Keeping my eye on JDST....more than one way to skin a cat!
GLTA
Out! Whew!
+15%
GLTA
Patience is a virtue....
Was holding when this was at $21, bought in at $27....
I may get out with a small profit this afternoon...after Fed decision...
Commodities are getting whipsawed, too much for me!
GLTA
It will be interesting to see how global markets opening this evening react to DOW 500 point drop.
Thinking gold may spike a bit this evening....
GLTA
Sky is falling....
Reading about how the Saudis are looking to IPO their biggest state run oil company....
They see the writing on the wall.... will IPO their company and then CUT oil production causing the stock to spike and oil price will spike.... IMO
The bigger question is when do you load up? Too early and one can lose their shirt if oil breaks $25....
Thoughts?
Near $34 or above....
JNUG should have closed above $30.... but market is acting a bit wacky...IMO
Keeping a close eye on other commodities...
GLTU
Back in $27.43.....
Picked some up yesterday...
Looks like a couple of weeks of pretty cold weather in the central U.S., may pop for a nice profit...
GLTA
Rinse and repeat...profit is good!
Sold the majority of my JNUG at $38 & $37, + 25% - 30% profit.
Thank God for WIFI, was on short trip at the time... with the time change almost missed the window!
Hmmm!!! Lets see what China, North Korea, Saudi Arabia and Iran do to gold, may slowly buy JNUG or JDST on the downside....
GLTA
Looks like interest rate hike priced into gold already....
It will spike with world events. I still think it will stabilize between $1100 and $1200.... IMO
Anyone have a idea as to what is going on with gold this morning?
$24 jump? With good payroll numbers? Was it oversold?
Funny how my trade account website keeps stating that market is tanking because of Yellen speech and Europe stimulus.... IMO that is not the reason..
The reason happened yesterday in California and details released today causing the market to tank...
IMO
GLTA, be safe...
From the swings today, it looks like it can go either way?
So...possibly no Fed rate hike in December?
Sh_t going to hit the fan at the Turkey - Syria border!
Barrick Gold, Newmont Mining earn higher target prices at Credit Suisse
Nov 11 2015, 14:58 ET | About: Barrick Gold Corporation (ABX) | By: Carl Surran, SA News Editor Contact this editor with comments or a news tip
Stock price targets for Barrick Gold (ABX +0.7%) and Newmont Mining (NEM +1.6%) are raised at Credit Suisse despite gold’s recent weakness.The firm maintains ABX at Neutral but with a $9 target, raised from $8, primarily on a higher near-term cash flow outlook driven by higher production and lower costs from the Veladero and Lumwana projects.Credit Suisse reiterates NEM with an Outperform rating but with a $25 price target, up from $22, based on higher near-term cash flow estimates and improved net asset values at CC&V, Merian and Subika underground; the firm likes NEM's operational consistency, a longer than average reserve life, stronger balance sheet, and attractive internal opportunities to add NAV.
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Splains the JNUG jump even though gold down....
Dare I say it was oversold last week???
IMO, gold will settle above $1125, even when rates are raised.
There is too much going on globally, gold will always have buyers....
GLTA
Nice,
Looks like the bottom was hit on Friday....
GLTA!
Thanks!
I like the up and down action going on with JDST and JNUG, no clear front runner at this time... people waiting for additional news....
Sold the rest of my shares at $35.80 this morning....
35% profit.
I would not hold these 3xETFs too long, my trigger is above 20% profit, take it and live to invest another day!!!
GLTU
P.S. Holding some JNUG, may pick up some more next week.....
Sold my IRA shares this afternoon at $32.80....
25% profit, YAY!
Job numbers tomorrow morning may tank it a bit... who knows....
Still holding some on my regular trade account... who knows?
GLTA
Nice rally this week!
They have to pull the band aid off at some point....
Dipping into JNUG on lows, just in case the Fed holds at Dec. meeting should be a nice spike for quick profit...IMO>
Someone thinks rates are going up soon!!
Doh!
It is the Russia / Syria / U.S. thing that is causing buyers to add gold...
If a Russian or U.S. plane gets shot down... gold will spike - fear factor.
I would not put it past Puddin to shoot down one of his own planes to create controversy with the U.S....
GLTA
Sill in.... for now...
This is the one to be in when Fed begins raising rates... there will be some massive spikes IMO....
Today was a nail biter, could have easily tanked after Fed minutes released...
Out today.... 30% profit, nice!!! I'll be back....
I was shocked this morning as the employment numbers came in, I was able to buy pre-market at $36.71....
Never tried to play this at the time of the release of numbers b/c I always expected to get in too late...as someone always knows before you do...
Live and learn...
I get your drift....
Taking a chance and bought some after hours....
Russia bombing the Mideast is not good for anyone.... hmmm destabilize the Mid East causing a spike in oil ....
Hurricane also on horizon...
GLTA
OMG up 330% !!!!!
Up 323%!!!!! Whats going on???????