Current trends for GOLD (GLD)

Discussion of the Gold portion of the Permanent Portfolio

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annieB
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Current trends for GOLD (GLD)

Post by annieB »

The current trends for gold are all pointing down.
The one week trend,the four week,the 13 week,the 26 week and the 52 week
are all negatve.

Gold (GLD) is also trading below it's 50 and 200 day moving averages.
Boat accident ?
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dualstow
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Re: Current trends for GOLD (GLD)

Post by dualstow »

I'm tempted to buy, but I'm closer to a 20% share than 15%.
Libertarian666
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Re: Current trends for GOLD (GLD)

Post by Libertarian666 »

My rule is that the more I feel like throwing up, the better a time it is to buy.
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AdamA
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Re: Current trends for GOLD (GLD)

Post by AdamA »

Libertarian666 wrote: My rule is that the more I feel like throwing up, the better a time it is to buy.
I think that's a better rule than most investing rules I hear about. 
"All men's miseries derive from not being able to sit in a quiet room alone."

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annieB
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Re: Current trends for GOLD (GLD)

Post by annieB »

We need Schiff to go short.
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Re: Current trends for GOLD (GLD)

Post by ns2 »

AdamA wrote:
Libertarian666 wrote: My rule is that the more I feel like throwing up, the better a time it is to buy.
I think that's a better rule than most investing rules I hear about.
Maybe it's just me but I am currently operating under a rule that says it's time to buy/sell when one of the asset classes is > 35% or less then 15%.
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AdamA
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Re: Current trends for GOLD (GLD)

Post by AdamA »

ns2 wrote: Maybe it's just me but I am currently operating under a rule that says it's time to buy/sell when one of the asset classes is > 35% or less then 15%.
That's the best rule.  But right underneath it s to buy when it makes you feel sick.  ;D
"All men's miseries derive from not being able to sit in a quiet room alone."

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Re: Current trends for GOLD (GLD)

Post by Reub »

Personally, I'm yellin' for Yellin! :)
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