I'm wondering about your continuing to short gold and silver. It's always tricky shorting a bull market and PM's are in a roaring bull market. What is giving you the confidence to short these markets? You have an I1 for PM's and it's dropping fast? Technical indications? Something else?
I will be interested to see at what price you attempt another short. 1450 gold looks likely, as well as $31 silver.
Hi Steve,
ReplyDeleteI'm wondering about your continuing to short gold and silver. It's always tricky shorting a bull market and PM's are in a roaring bull market. What is giving you the confidence to short these markets? You have an I1 for PM's and it's dropping fast? Technical indications? Something else?
I will be interested to see at what price you attempt another short. 1450 gold looks likely, as well as $31 silver.