Issue #111
No time to waste …
| Recommendation: For each $25,000 in equity you are trading …
1. Sell all of your shares in the PowerShares DB Gold Double Short ETN, symbol DZZ, at $6.00 or better. If filled, cancel your protective sell stop at $5.52. 2. Buy 200 shares of Velocity Shares 3X Long Gold ETN, symbol UGLD, at $17.00 or better. When filled, place a protective order at $14.50, STOP. This order is good till cancelled. |
Dear Member,
I believe another leg up is coming. Gold bounced precisely off of my first sell signal at $1,318 yesterday, an indication of strength.
I’ll explain in greater detail on Monday. For now, please act on the above recommendations as soon as possible. But stick with my limit orders.
Hold all other positions and stay tuned — I may opt to go long silver soon as well.
Best wishes
Larry
