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  • Index
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  • » Excellent opportunity to short GOLD today

#1 2016-12-27 11:10:38

leon1998
Member
From: United States
Registered: 2014-11-26
Posts: 686
Trades :   

Excellent opportunity to short GOLD today

Just initiated a short position on GLD@108.6

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#2 2016-12-27 12:19:42

leon1998
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From: United States
Registered: 2014-11-26
Posts: 686
Trades :   

Re: Excellent opportunity to short GOLD today

first price target: GLD @100 (about US$1050)
2nd price target: GLD @90 (about US$950)
.
.
.
final price target: GLD@75 (about US$800)

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#3 2016-12-27 13:56:18

Altima
Silver Stacker
From: Canada/Singapore
Registered: 2013-02-07
Posts: 4,086
Trades :   64 

Re: Excellent opportunity to short GOLD today

5606883+_ec20a731fc306a96fb5cc1ef5e0ee43e.jpg


"Two things define you. Your patience when you have nothing, and your attitude when you have everything."
WTB:
WTS: 2010 Fiji 1 oz Silver $2 Taku BU (First Year Issue)

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#4 2016-12-27 16:39:19

Silverthorn
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Registered: 2010-04-29
Posts: 2,548
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Re: Excellent opportunity to short GOLD today

Nugget_Hunter wrote:

We're not interested ....

Yet you clicked on the thread and then the post button. Don't feed the trolls. big_smile

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#5 2016-12-27 18:05:24

Silverthorn
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Registered: 2010-04-29
Posts: 2,548
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Re: Excellent opportunity to short GOLD today

You're thinking of the windbag index which is different. tongue

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#6 2016-12-27 18:16:42

Silverthorn
Member
Registered: 2010-04-29
Posts: 2,548
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Re: Excellent opportunity to short GOLD today

You can always ignore windbags and trolls if you like. I have no doubt Leon checks the view count of his threads and is happy to see your posts. Most of the time I just ignore them.

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#7 2016-12-27 18:21:34

clear
Member
From: WA
Registered: 2012-01-12
Posts: 982
Trades :   65 

Re: Excellent opportunity to short GOLD today

hey leo is the GSR (40) play still on.

Last edited by clear (2016-12-27 18:28:02)

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#8 2016-12-28 05:45:46

tolly_67
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Registered: 2010-05-17
Posts: 1,660
Trades :   

Re: Excellent opportunity to short GOLD today

I think that we could be looking at a U.S. dollar index of about 112 in the next 2 to 3 months.....looking at a chart of the index, it is currently similar to the index when its was at 90. Now the backtest of the 100 is done, the sky is the limit. This would work with Leon's short.
So in short, I like Leon's short.

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#9 2016-12-28 14:10:13

leon1998
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From: United States
Registered: 2014-11-26
Posts: 686
Trades :   

Re: Excellent opportunity to short GOLD today

Even since silver spot broken below US$16 support; this level has become resistance. For the past few days, the resistance has been tested and it held down well.

If Silver is unable to break above this level, Watch out below! Silver might try to test previous low which was reached last year, US$13.66

Should that happen, gold will see US$900 or less.

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#10 2016-12-29 13:07:10

leon1998
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From: United States
Registered: 2014-11-26
Posts: 686
Trades :   

Re: Excellent opportunity to short GOLD today

double down, add more short on GLD@110.4

just a short-squeeze, it will fade; be patient.

leon1998 wrote:

Just initiated a short position on GLD@108.6

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#11 2016-12-29 13:14:07

tolly_67
Member
Registered: 2010-05-17
Posts: 1,660
Trades :   

Re: Excellent opportunity to short GOLD today

Yes.........suck in some more at 1160......

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#12 2016-12-29 13:59:59

leon1998
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From: United States
Registered: 2014-11-26
Posts: 686
Trades :   

Re: Excellent opportunity to short GOLD today

Short-squeeze has already started to fade.

tolly_67 wrote:

Yes.........suck in some more at 1160......

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#13 2016-12-30 12:50:12

leon1998
Member
From: United States
Registered: 2014-11-26
Posts: 686
Trades :   

Re: Excellent opportunity to short GOLD today

It appears that gold has topped; a dead-cat bounce fizzled so soon.

Watch out below, US$1,050 is NEXT.

leon1998 wrote:

double down, add more short on GLD@110.4

just a short-squeeze, it will fade; be patient.

leon1998 wrote:

Just initiated a short position on GLD@108.6

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#14 2016-12-30 13:57:31

leon1998
Member
From: United States
Registered: 2014-11-26
Posts: 686
Trades :   

Re: Excellent opportunity to short GOLD today

Silver just crashed. Gold will follow soon.

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#15 2016-12-30 19:25:29

silversearcher
Silver Stacker
From: Australia
Registered: 2012-11-06
Posts: 686
Trades :   13 

Re: Excellent opportunity to short GOLD today

Nugget_Hunter wrote:

Haven't you got a PS4 or Xbox to play with, like other teenagers ?

I really think you need to stop pretending you are something you are not.

Is there any chance we can organise a boxing match between Nugget Hunter and Leon ? Battle of the stackers. Apparently Leon has pretty good short and long jab. lol

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#16 2016-12-30 19:34:35

silversearcher
Silver Stacker
From: Australia
Registered: 2012-11-06
Posts: 686
Trades :   13 

Re: Excellent opportunity to short GOLD today

Nugget_Hunter wrote:

It just doesn't make sense ...

You blab 'doom & gloom', citing gold will 'fail' and drop, and CLAIM you are 'shorting' gold ...

Then you glote when gold rises ???

That's the point ! He is supposed to short it when he feels gold fails. Personally, I'm like you and prefer to have physical metals or any other physical class of investment. Let Leon have his fun. It would be interesting to see his timeline of profit / loss in years gone by. And this new call of gold at $900 and silver $13 US is a interesting call...He needs to specify a timeline. Till March is fair I'd say.

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#17 2016-12-30 20:13:26

Ipv6Ready
Silver Stacker
From: North Sydney
Registered: 2016-01-08
Posts: 2,071
Trades :   38 

Re: Excellent opportunity to short GOLD today

Nugget_Hunter wrote:

It just doesn't make sense ...

You blab 'doom & gloom', citing gold will 'fail' and drop, and CLAIM you are 'shorting' gold ...

Then you glote when gold rises ???

He is a trader real or not, Traders will make money on the down and upside, also lose money on the up or downside, they are playing the spread.

Though the way he writes about it a little childish granted.

Presumely if he is a not a troll but a real trader, when the spot trends up, he will be looking for and writing endless threads about smack up to make his spread.


Interested in a wide variety of low premium legal tender World Silver coins, average conditions is fine.
Will pay a decent premium for a variety different silver coins in single lots, not looking 10, 20 or more of same coins.
Note I tumble these to clean them before I put it in jars for display, so I dont want to buy any rare coins for preservation.

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#18 2016-12-30 20:21:01

Ipv6Ready
Silver Stacker
From: North Sydney
Registered: 2016-01-08
Posts: 2,071
Trades :   38 

Re: Excellent opportunity to short GOLD today

silversearcher wrote:
Nugget_Hunter wrote:

It just doesn't make sense ...

You blab 'doom & gloom', citing gold will 'fail' and drop, and CLAIM you are 'shorting' gold ...

Then you glote when gold rises ???

That's the point ! He is supposed to short it when he feels gold fails. Personally, I'm like you and prefer to have physical metals or any other physical class of investment. Let Leon have his fun. It would be interesting to see his timeline of profit / loss in years gone by. And this new call of gold at $900 and silver $13 US is a interesting call...He needs to specify a timeline. Till March is fair I'd say.


I personally don't think it is realistic for $900 gold and $13 silver by march, but if Trump economics looks and sounds positive and Americans think it's a goer, and economic conditions improve I think it is possible in a year or two.

Right now even with Italians banks at the brink, it barely gets a mention. Though a bank collapse now will have much less impact on tax payer.


Interested in a wide variety of low premium legal tender World Silver coins, average conditions is fine.
Will pay a decent premium for a variety different silver coins in single lots, not looking 10, 20 or more of same coins.
Note I tumble these to clean them before I put it in jars for display, so I dont want to buy any rare coins for preservation.

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#19 2016-12-30 20:23:56

SpacePete
Silver Stacker
Registered: 2014-03-01
Posts: 13,377
Trades :   122 
Website

Re: Excellent opportunity to short GOLD today

I think everyone is just guessing at this stage.


Catus amat piscem, sed non vult tingere plantas

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#20 2017-01-05 11:24:34

leon1998
Member
From: United States
Registered: 2014-11-26
Posts: 686
Trades :   

Re: Excellent opportunity to short GOLD today

Added one last short position on GLD @112.4

The dead-cat bounce prolly has reached its maximum target; IMHO.

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#21 2017-01-05 13:50:18

Altima
Silver Stacker
From: Canada/Singapore
Registered: 2013-02-07
Posts: 4,086
Trades :   64 

Re: Excellent opportunity to short GOLD today

For all you know the money will flow from Bitcoin to gold, pushing it higher.

But hey, my guess is as good as anybody's. Lol


"Two things define you. Your patience when you have nothing, and your attitude when you have everything."
WTB:
WTS: 2010 Fiji 1 oz Silver $2 Taku BU (First Year Issue)

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#22 2017-01-05 16:43:48

tolly_67
Member
Registered: 2010-05-17
Posts: 1,660
Trades :   

Re: Excellent opportunity to short GOLD today

u.s. dollar index just testing support at the moment. A move back higher could put an end to this upward move in gold .....give it 3 more days...

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#23 2017-01-12 03:40:05

clear
Member
From: WA
Registered: 2012-01-12
Posts: 982
Trades :   65 

Re: Excellent opportunity to short GOLD today

tolly_67 wrote:

u.s. dollar index just testing support at the moment. A move back higher could put an end to this upward move in gold .....give it 3 more days...

so tolly is this still happening.

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#24 2017-01-12 04:07:39

leo25
Member
From: Sydney
Registered: 2010-06-08
Posts: 1,344
Trades :   

Re: Excellent opportunity to short GOLD today

Poor Leon, he lost all his imaginary money. Hope your mum cooks you a nice dinner tonight.

Last edited by leo25 (2017-01-12 04:08:08)

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#25 2017-01-12 04:54:05

bubblebobble2
Member
From: Seedeneey
Registered: 2012-02-06
Posts: 1,002
Trades :   63 

Re: Excellent opportunity to short GOLD today

Rock that boat baby... yeah! 3.....2......1.....blast off!! Spot is on its way..

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