DB Gold Double Long (AMEX:DGP)

GLD violated its 50- and 200-day SMA

With Romney the presumptive Republican nominee, you can bet Ben Bernanke will be replaced with another Keynesian... gold prices love Keynesians.

Will lose tracking accuracy if held more than 1 day, so definitely will underperform in the long run. No brainer.

Long term bull

Can you say bubble. Metal lead markets down then when real ugly metal may come back.

junk

Double long gold. No brainer as the dollar continues its "managed decline."

ultralong

Yes, I'm going short-term bearish on gold, it's just way ahead of itself here. If you haven't noticed, one of my favorite methods for trading metals is to wait until they get largely over-extended to one side of the trade or the other. Despite my loathing for moving averages, I simply look at how many deviations beyond the norm these metals are trading. Gold historically trades within 0 to perhaps 1.2 deviations up or down from the moving average. In the last three years a deviation around 2.3-3.0 has signaled a top and a relatively violent and swift pullback. Let's face it, the dollar isn't going to go straight down and gold isn't going to go straight up. This is a technical and logical play here. I'm placing a limit short in at $39.85 because gold has a tendency to top, fall off 5-8%, re-rally for 2-3 days past its old high and crap out for good (at least for 2-3 months). I suspect gold may make a run at $1381 here in the next day or two then crap out. Yes crap out is a technical term and I do expect royalties if you use it.

UltraLong

Check my blogs to see why you should hold this ETF

Perhaps a bit of a contrarian bet but when every magazine, tv, radio, and relative I know is urging me to buy something, it's normally time to sell. Kinda the same symptom like the bellboy in Florida that urged me to buy oceanfront condos in the Ft. Meyers area in 2005.

Oversold

Its a secret. Don't take my word for it. Find out for yourself.

Gold has peaked, it's too late to go long on it. When you start seeing commercials every ten minutes saying "We buy your gold for cash!" You know the bubble is about to burst. Gold is going down.

Gold took a big dip >-8% in 4 sessions--Spain/Dubai add an extra inflation/flight to safety push--if the thesis is right 2x growth is better than 1x versus GLD

long on the gold longs, short on the gold shorts, and making truck loads of money doing it...

Because Peter Schiff will soon prove to be wrong as usual.

Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing

Useless metal going down once the conspiracy theorist doomsday predictions once again prove unfounded.