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Re: Kapla post# 10701

Friday, 08/15/2014 9:09:24 AM

Friday, August 15, 2014 9:09:24 AM

Post# of 46662
Hey Kap, seems gold is trading inverse to the equity markets right now. It took somewhat of a beating overnight and this morning, probably will go lower, possible inflection point would be 1244. I'd go short the juniors, if gold demand is decreasing y/y as Soltaney commented, the juniors will be hit the hardest, I'd short now and ring the register when gold hits 1244.