Gold (as a dollar trade) opened a bit higher, and this trade was closed in the morning. Holding this trade over-night did not materially increase the profit on DUST which was gained in the afternoon yesterday.
Showing posts with label gold. Show all posts
Showing posts with label gold. Show all posts
Sunday, March 20, 2016
20160319 Weekend, Dollar trade closed
Dollar rose slightly. Gold dipped slightly. Not much change in the actual trading vehicles.
Gold (as a dollar trade) opened a bit higher, and this trade was closed in the morning. Holding this trade over-night did not materially increase the profit on DUST which was gained in the afternoon yesterday.
Gold (as a dollar trade) opened a bit higher, and this trade was closed in the morning. Holding this trade over-night did not materially increase the profit on DUST which was gained in the afternoon yesterday.
Thursday, March 17, 2016
Dollar short term buy
The dollar has sold off for several days, recently down ~1. It is time for a pause in the dollar downturn.
Gold often trades counter to the dollar. Gold is often under pressure on Fridays. To play a dollar rebound, bought DUST, a 3X inverse gold ETF at 3PM today. Already up 5%, looking for 10% on sale Friday morning.
Gold often trades counter to the dollar. Gold is often under pressure on Fridays. To play a dollar rebound, bought DUST, a 3X inverse gold ETF at 3PM today. Already up 5%, looking for 10% on sale Friday morning.
Friday, March 04, 2016
20160304 Gold, Miners, Bitcoin Tumbles
Gold and miners have had a quick bounce with significant percentage gains. Many have damaged balance sheets and most suffer low commodity prices.
The bitcoin network hit processing limits, and transaction processing was significantly delayed. Even paying higher transaction fees was not able to keep transactions from regularly taking hours to clear. The bitcoin price dropped significantly today.
The drop a couple weeks earlier coincided with a bitcoin developer leaving the project and highlighting significant problems, including inability to process payments which was encountered today.
The bitcoin network hit processing limits, and transaction processing was significantly delayed. Even paying higher transaction fees was not able to keep transactions from regularly taking hours to clear. The bitcoin price dropped significantly today.
The drop a couple weeks earlier coincided with a bitcoin developer leaving the project and highlighting significant problems, including inability to process payments which was encountered today.
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