One last thing:
The likelihood that there will be some sort of agreement on the debt in the next two weeks is VERY good. If there's any sort of a government shutdown, it probably won't be for more than a day or two.
Once that happens, you can bet that the markets will soar, and gold will take a hit.
So I'm happy to be taking some money off the table. I think this is an excellent profit taking opportunity.
What's the likelihood that NXG will trade below $2.90 again in the next few weeks? Very good, imo. But I won't be interested unless it falls below $2.70.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
| 