Gold rallies past 1400.. could it go higher?

[Edgee]

I think so... 1500 by yr end is possible...

Who are in the gold play now?

 

[dkwan]

should be slowly building up on the short side.

 

[Edgee]

I am shorting GLL right now... also long in GLD lol i m betting it all on the new gold standard right now thanks to the world bank But yeah i guess you are also right to slowly build up short positions in case of a gold freefall... you never know better starting a hedge now. However in the near term, gold seems to go higher

 

[ccc]

那个倒卖黄金的小青年哪里去了？

 

[dkwan]

who?

 

[bobsmith]

for sure!! see 1800 or even 2000 in a near future.

 

[Edgee]

Apparently ultra short gold ETFs are hot today

 

[dkwan]

賺翻了