Tuesday, March 30, 2010

Gold Update

Well the time has come to unload some gold. After a huge run the past few years I am reducing my holdings by 10% @ $1105/oz. Although I believe gold will reach $1300/oz sometime this year I am going to start using the enormous profits made in gold to start playing with options trading. I resisted the urge to sell at $1000 twice but $1100 is just too good to let go and $1300 later this year will be my next 10% unloading point.

No comments: