6:49 am PST. I shorted GLD. It could still test upwards, but it will not last. Looking for a gap fill today.
6:39 am PST. I am looking to short gold this morning. Next Monday I fly out to Hong Kong for the World Economic Conference with Martin Armstrong. (on United Airlines of all airlines – the only one I could find with nonstop-direct flights, round trip). As a result I have to plan for reduced trading next week. They are 15 hours ahead of California time.
The mining stocks are strong, but they too will drop along with gold. I think gold will probably drop to 1206, while mining stocks make a higher low. The mining stocks might eventually made a new low by June as gold sells off to somewhere below 1200 – perhaps 1180. Watching to see what happens in the dark pool today, especially towards the close.
My Journey Towards Understanding the Markets 
Have fun in the WEC next week. It seems like this year’s conference is a very important conference especially at this crucial juncture in the global market. Can be full of surprises and volatility for rest of the year and 2018. I wished I have the opportunity to attend to get a better and clearer view of things to come but it costs too much and I didn’t do well in trading for the past year.
Anyway, Good Luck, Have Fun and Fly Safely. Hope UA behaves and don’t overbook. Take care.
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thanks, lol, yeah, hope I return in one piece
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