Mostly: Classical

[amarksp]

thanks, hope these trades work out or I will be reversing out of a few of them in the next few days... have too much exposure to gold/metal stocks as of today...

fundamentally with POG, we have wholesale jewelry trade making their annual purchases for Christmas starting in mid to late August and we have Indian wedding season starting up again, also in late August. this has traditionally been why POG starts its move in late August...




also, as of tomorrow, we have those pesky treasury auctions behind us... so I am betting the timing is good right now, but with way too much exposure to gold stocks right now, I will not hesitate to implement stop loss trading... and likely reenter in late Aug/early Sept.