Tuesday, December 15, 2009

2X USD and What About Gold, and a Total Market Chart (-.5% today), JNK

I personally think of gold as a long term buy and hold.  You never sell it unless you are in dire straits.

USD now is in a rising wedge....you may see pullback.  It has had quite a pop.

Gold has also had quite a drop.  So a relief rally is in the cards.

Check out this Fund RYSBX....not as squirrely as UUP perhaps.  But you can only buy and sell end of day.

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Insightful and Useful Comment!