My personal portfolio:
Comment of the Day

December 09 2011

Commentary by David Fuller

My personal portfolio:

Two gold futures trades reopened at a slightly better level

David Fuller's view Two of my gold (weekly & daily) positions were stopped out near breakeven levels, as reported, during yesterday's setback. Today, I repurchased them at the slightly better prices of $1715.5 and $1714.5 for the February contract, including spread-bet dealing costs. While I think gold is in a buying region for its medium to longer-term upside potential, in this uncertain, choppy market I do not know whether the next $50 to $100 move is up or down. Recently, gold has moved with stock markets more often than not.

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