Gold volatility reaching dangerous levels - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**CoallyPax** · 09-08-2011, 04:03 PM

If I was a gold bug I would go ahead and book some profits now.

This is Gold VIX vs. S&P500 that I just put together. The divergence is just absolutely unreal. If you don't take profits today you're gonna sit out as this thing snaps back some.

**DongoSab** · 09-08-2011, 04:12 PM

I am strongly thinking of selling my paper (GLD) and actually shorting (GLL) for awhile.

Physical I wouldn't touch.

In the long term, PM's will continue to rise until the govts of the west get their fiscal house in order .. which won't happen anytime soon. Long term I'm a gold bug .. have been since 2007 wish I was earlier

**FotoCihasWewb** · 09-08-2011, 07:07 PM

What do you think Uncle Ben does to 'calm' the markets .. this will play big in PM movement

**yQvpyNt3** · 09-08-2011, 08:15 PM

I rebalanced today. Thanks to the past couple of trading days I was way over my bond and PM allocation and way under on stocks. Sold some of the bonds and stocks and bought US and int'l stock funds. Hopefully pays off in the long run.

**car.insur** · 10-08-2011, 09:55 PM

Gold hit $1800 today b4 backing down .. crazy but there will be a pull back .. I would think

**EnvellFen** · 10-09-2011, 01:33 AM

to a chemical engineer or chemist, "gold volatility" just has a very weird ring to it! lol

**TaliaJack** · 10-09-2011, 03:19 AM

CME hikes gold margins, but prices still rising - MarketWatch

09-08-2011, 04:03 PM	#1
CoallyPax Join Date Oct 2005 Posts 357 Senior Member	Gold volatility reaching dangerous levels If I was a gold bug I would go ahead and book some profits now. This is Gold VIX vs. S&P500 that I just put together. The divergence is just absolutely unreal. If you don't take profits today you're gonna sit out as this thing snaps back some. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-08-2011, 04:12 PM	#2
DongoSab Join Date Oct 2005 Posts 325 Senior Member	I am strongly thinking of selling my paper (GLD) and actually shorting (GLL) for awhile. Physical I wouldn't touch. In the long term, PM's will continue to rise until the govts of the west get their fiscal house in order .. which won't happen anytime soon. Long term I'm a gold bug .. have been since 2007 wish I was earlier Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-08-2011, 07:07 PM	#3
FotoCihasWewb Join Date Oct 2005 Posts 374 Senior Member	What do you think Uncle Ben does to 'calm' the markets .. this will play big in PM movement Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-08-2011, 08:15 PM	#4
yQvpyNt3 Join Date Oct 2005 Posts 425 Senior Member	I rebalanced today. Thanks to the past couple of trading days I was way over my bond and PM allocation and way under on stocks. Sold some of the bonds and stocks and bought US and int'l stock funds. Hopefully pays off in the long run. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-08-2011, 09:55 PM	#5
car.insur Join Date Oct 2005 Posts 437 Senior Member	Gold hit $1800 today b4 backing down .. crazy but there will be a pull back .. I would think Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-09-2011, 01:33 AM	#6
EnvellFen Join Date Nov 2005 Posts 507 Senior Member	to a chemical engineer or chemist, "gold volatility" just has a very weird ring to it! lol Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-09-2011, 03:19 AM	#7
TaliaJack Join Date Oct 2005 Posts 460 Senior Member	CME hikes gold margins, but prices still rising - MarketWatch Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

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