I let go of my precious metal shorts a little early today (which is annoying), but I'm happy with the move. I'm not quite ready to get long yet since I've been calling for gold to hit $1500 for a few months now, but it's time to start watching for the opp. I actually prefer investing in gold in euro terms which I mentioned yesterday. It's a more advanced trade because you have to both short the euro via a currency market trade, and get long gold in dollar terms, but this trade will be well worth it if you can swing it.
This is not a recommendation to buy or sell any securities. DAK was short the Euro at time of publication but positions can change at anytime.
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