Friday, February 15, 2013

Subscriber Alert---Selling the last of our GLD

SUBSCRIBER ALERT
2/15/13

GLD is suffering some serious whackage, taking it well below the very short term support level.  The move fulfills the distance element of our time and distance discipline.  Hence, our Portfolios are Selling the remainder of their GLD position.

I continue to believe that long term the forces of inflation will push GLD higher.  However, when it comes to protecting our capital, I am not going to argue with the Market.

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