My Trading Adventure

GOLD ; A safe haven?

CP TEH
Publish date: Sat, 13 Apr 2013, 11:44 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.



GLD : A gold-ETF, dived .. close below USD144. it was at a high of USD174 last Sept ... when gold hitting a high.



Gold price droped USD84, more than 5% in a single day last night.

So, it is still worth to check if gold losing its glitter ... or it will shine again. Do check on prices of silver or SLV(the ETF tracking silver's prices)

Note : I will be looking into the gold-mining stock, ZhaoJin again. It is below HKD10 now.

TEH
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Discussions
Be the first to like this. Showing 5 of 5 comments

lotsofmoney

Wrong again ! I expect the gold price to go down to USD 1200. Don't throw your hard earned money down the drain.

2013-04-14 10:39

PureBear

Bears already rule the Gold market.
The bubble has burst!

2013-04-14 12:09

andychucky28

Well, if DJ goes up, gold price will drop loh.

2013-04-14 12:24

yfchong

Then buy gold now, when DJ hancur gold up Loh

2013-04-14 13:51

andychucky28

It is not the time yet. Going against the wave is suicidal.

2013-04-14 15:01

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