I have a daily chart for GLD below over the past 3 months. Does not look good. A perfect cup and handle has formed. A break below ~$130 signals the next downdraft, and measures out to somewhere around $117 (which means about $1,200 in the metal itself). Basically, we are at the level where we find out what comes next.
Broken Money
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
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In light of my previous post, here's what I'm thinking: buy some GLD $180 calls that expire 3/16/13. Right now, you can get them fo...
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When it comes to understanding what's going on in the world -- and, by that, I mean the real facts and actual implications, rather than ...
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I came across an interesting post on Paul Krugman's blog presenting a recent speech that he gave in Europe. I have always found him ver...