Tuesday, April 3, 2012

Stacking and Russell Puts

All the gold in the world that is mined, divided by all the people in the world, allows 23 grams per person.    Got gold?

I do expect it to go down, maybe 1400 as a target

When gold is at 3000 or 5000 will you really care whether you bought it at 1650 or 1400?   Or 1900 for that matter.

Took  a beating on Russell puts yesterday and into today, held.
Bought more at the close.    Time will tell.