SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

FORGOT YOUR PASSWORD?

FORGOT YOUR DETAILS?

AAH, WAIT, I REMEMBER NOW!

Mario Randholm

  • LOGIN
  • MY CART
    No products in cart.
  • Home
    • Team Experience
      • Mario Randholm
      • Fiorella Lezama
  • Blog
  • Returns
  • Resources
    • AutoTradingAutoTrading
    • R Option ModelModel
    • Partners & Events
      • Thomson Reuters
      • MultiCharts
      • Municipalidad de Miraflores
      • TradingDiary Pro
    • Historical Performance
  • Store
    • Research
    • Memberships
  • FAQ
    • Term of Service
Contact Us
  • Home
  • Blog
  • GLD
  • TIME TO TAKE MORE PROFITS

TIME TO TAKE MORE PROFITS

randholm
July 31, 2014 10:03 pm / Published in GLD, GOLD, Market Update

TIME TO TAKE MORE PROFITS

A long anticipated correction may be starting in GOLD.

 

The portfolio is well positioned and those investors who do not want to be fairly active may continue to hold existing positions.

 

Our models to not see a 2008 style crash.  A correction is likely to be 7% to 12% range.  The world economy is getting better, all of these positions are likely to be much higher over the next five years.

 

Gold has a major support in the zone of $1284 to  $1287.  There is a serious risk  that this support will break.  There are a lot of stops under this support.  A typical pattern is for the price to be artificially suppressed as stops are taken out.

 

The point is that there is more risk in gold than stocks at this time.  It is important to hold enough cash in reserve to buy gold when the opportunity comes.

 

 

 

 

Subscribe to Market Updates

Check your inbox or spam folder to confirm your subscription.

Categories

Twitter

Lightning fast alerts:

twitter.com/MarioRandholm

twitter.com/RandBots

Archives

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

ABOUT US

Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.

CONTACT US

Skype us

[email protected]

TOP