1. The current gold and silver sell off is a bear trap since there is high market volatility and the price of gold is likely to increase sharply
2. To benefit from this position the best position is to short
$ETFS Physical Gold(GOLD.AU)$
3 at the moment gold is falling in value and oil is appeciatinf in value, however over supply of oil is forecast in the near term to benefit from selling oil today
Gold May Hit $4500? Would You Add or Expect More Selloff?
Gold was down 5% in two days, hitting $4600 - a six-week low. Silver falls into a "bear trap"? Leveraged ETF AGQ crashes.
Is the selloff offering a discount?
Would you add gold and silver?
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