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  • Crazy Week! Down 20%, Up 20%, Finished Even

    Posted on March 22nd, 2009 No comments

    Wow, what a week. After kicking myself in the rear for entering AUY early, everything seemed to pan out quite nicely thanks to the FOMC meeting. At the end of the whole ordeal, I came out of the week even and I get to work with a nice momentum swing to the upside. At this point in time I will start taking my profits off the table and ride a much smaller lot.

    On another note, it looks like the US government has no care for the USD and inflation is the clear goal. With that being said, I’ve shorted the USD/CAD at an avg of 1.28 and I have fairly decent positions in GDX, HGU, NGD. I’ve been extremely busy lately with work so I haven’t been able to keep everyone updated as much as I hoped for, but I’ll do my best.