The Gold-Plated Falling Knife

June 28, 2013

Although I dumped my GDX long earlier Tuesday, holding it for not even half an hour and blowing up $400 on it, I did (foolishly) enter a long GDX call position in my options account. I know I’m going to loathe those in the morning. I really need to stick to “pure bear.” Serious support for gold doesn’t exist until probably about $1100 or so.

Anyway, the slaughter continues, and the night is still very young:

Extra bonus: footage of me all during last night:

Source: http://slopeofhope.com/2013/06/the-gold-plated-falling-knife.html

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