[quote=walterwhite]Shorting gold is scary. People thought it looked tippy at 1,000. It is a bad idea to basically call a top on a 10 y bull market ESP where there’s been no explosive blowoff. I’m not giving investment advice just be cautious about getting in the way of any longterm bull market…[/quote]
I agree, and I wouldn’t advise anyone to do the same. I have time and am actually dollar cost averaging into the short position on gold. I’ll buy more at 1700 and 1800, etc. The payoff is likely well down the road.
