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    • Pirin replied Jun 28, 2009

      Ok, lets see another point of view. At the beginning of the crisis gold was $670 per ounce, after that it raised for more than $300 in value. This means almost 50 % increase caused by risk aversion. When the good news about unemployment and sales ...

      Gold Discussion
    • Pirin replied Jun 19, 2009

      Of course I use technical analysis as well, the Obama plan was like a spice which made me feel more secure about my decision to short it, I was going to do it anyways. Normally I use statistics software to determinate the risk of a trade, the entry ...

      Gold Discussion
    • Pirin replied Jun 18, 2009

      Yeah I closed it at 934,54 ... it's too risky, I am up to 70 % sure that gold will decline, but I prefer of playing it out safe. If it goes for ~965 I'll probably short it again.

      Gold Discussion
    • Pirin replied Jun 18, 2009

      I went short from 939,40. I admit it's a risky time to sell the gold but I think that Obama's new financial regulations plan will cool down inflation expectation, because of the increased liquidity requirements for the major players. So that even ...

      Gold Discussion