This morning members and I are closing our GLD gold Long position with more than a 24% profit! We’ve taken a lot of “flack” this month about going major short and not long – BUT – as our members know we are never opposed to great long opportunities – like Gold. So would you rather be long the markets which gained only 4.5% or our GLD trade which we are closing out at a 24% gain? For those non-believers – just ask one of our members how their bank account is doing after this trade – not to mention that all our shorts are profitable right now too! Stop trying to figure it out on your own…let us do the analysis. The Long Trade is in GREEN.

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