Gold and silver continued the decline and we got a bounce in the dollar today. What if the dollar headed to 100 again? This is in the cards and I am still dollar bullish.
If you haven’t signed up for the ETF Trading Service yet, you’re missing out. The following trades are just from this week.
Today we exited 50% on JDST and DUST for a 23.36% and 17.45% profit and we are presently up 33.84% on JDST and 26% on the remaining shares. DSLV we are up 6.44% and holding. Move stops up to 5.50 on JDST and 6.80 on DUST with a stop of 23 on DSLV.
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About Doug EberhardtDoug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
Disclosure:
Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.
All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.