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Just bought $5k of GLD

Posted on 2/2/17 at 12:33 pm
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 2/2/17 at 12:33 pm
Put a stop quote at $100 and got in at $115.77. Stock hasn't been below $100 since 2009 and it appears it is steadily rising due to the turmoil from the anti-trump movement.

Any thoughts on this?
Posted by quadfest
NOLA
Member since Aug 2010
232 posts
Posted on 2/2/17 at 6:49 pm to
Been looking at this myself for a bit thinking it would drop. Thinking I'll pull the trigger in the next few days.
Posted by Twenty 49
Shreveport
Member since Jun 2014
18774 posts
Posted on 2/2/17 at 7:23 pm to
I've been thinking of getting some gold and silver eagles (bullion coins).

Some right wing nuts were prepping for end times and buying gold under Obama. Now they think they are safe, and they rest of us are digging cellars and hoarding ammo and gold.
Posted by Thib-a-doe Tiger
Member since Nov 2012
35405 posts
Posted on 2/4/17 at 10:22 am to
Worst performing long term investment since Kennedy was in office. What could go wrong
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 2/6/17 at 12:44 pm to
I'm looking at this as a very short term investment. Looks like it's been up the last few days. I'll sell when it hits $118 - $121.
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 2/6/17 at 12:45 pm to
Also, I moved the stop to $116.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/6/17 at 3:01 pm to
I'm kicking myself in the arse for selling my JNUG shares last week. Ugh
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1786 posts
Posted on 2/6/17 at 3:07 pm to
quote:

I'm kicking myself in the arse for selling my JNUG shares last week. Ugh


Dumped 1,200 JNUG @ 9.18 last week too
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/6/17 at 3:13 pm to
Fuuark sry bro

I dumped mine at $9.98, so a little better

This rally has been crazy
Posted by Chad504boy
4 posts
Member since Feb 2005
166352 posts
Posted on 2/6/17 at 3:59 pm to
Yeah but where do you store it safely?
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 2/6/17 at 8:34 pm to
Lets see--interest going up making dollar stronger gold cheaper--

It is a commodity play---not an investment.

Posted by Twenty 49
Shreveport
Member since Jun 2014
18774 posts
Posted on 2/7/17 at 12:16 am to
quote:

Yeah but where do you store it safely?


I think he's talking about a security listed under the ticker symbol GLD, not physical gold.
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 2/7/17 at 10:04 am to
quote:

I think he's talking about a security listed under the ticker symbol GLD, not physical gold.


This an I already sold it.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/9/17 at 1:01 pm to
whats your thoughts on JNUG now after the drop?

im thinking of getting back in
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