Gold Prospecting Where

Gold Prospecting

Today what do you call a gold bug? Cautious, prudent scared or a trend follower? The fact is that Gold is on the move once again. As I am writing this gold is knocking on the door 1020 again. Is it time to start gold prospecting? If you are a trend follower in the commodity markets one would need to pay attention to gold. It is one of the strongest commodities in terms of relative strength and price action. On a Donchian trading approach one would have been long gold since $968 on Sep 2. There is approx $1638 in profit per contract. The point I am trying to make is there are Gold bugs who suggest buying gold as the world is ending and there are commodity trading advisors that trade a system …follow the rules and seem to be on the right side of trending markets.

One can absolutely go crazy following the news regarding any commodity or forex. As an example there was a report in one of London’s newspapers this morning speaking about the rumor that Saudi Arabia, China and Brazil are trying to move away from the US dollar as a currency to buy and sell crude oil. One could easily eat up this news and go out and sell the hated US dollar that all seem to think will crash…buy some gold and maybe some crude oil with the extra change. The key to long term success is simply…follow the trend…it really is so simple… if crude is going to go up in price,  a commodity trading advisor that adheres to trend following takes a bet…the same if the US dollar goes down…commodity trading advisors that are trend followers will sell the US dollar. No opinions… No thoughts…just a thought out trading plan. You can be a Gold bug… or you can be a Trend follower. You have to decide what you really want. You need to decide if you want to succeed over the long run. After all my years of investing… including real estate…hedge funds…there is nothing that can compare to trend following a large basket of commodities, currencies, interest rates and stock indices. There is no other strategy that offers the liquidity and diversification of the potential for profit. If you are looking to compound your money… I can assist you. I have been compounding my money for family since 1994.

Andrew Abraham
www.AJpartnersinc.com
Futures trading involves risk. People can and do lose

About the Author

My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I am a commodity trading advisor/co manager of a commodity pool who adheres to the philosophy of trend following. Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets us apart from other Commodity trading advisors and commodity pools is that we are not only concerned about the return on investment but how much risk you will have to tolerate to achieve your goals.

GOLD PROSPECTING

The Great Scout & Cathouse Thursday $2.99 …

Gold Pan Kit $25.45 The Garrett(r) Gold Pan Kit is a complete kit for fast and easy recovery of gold nuggets….

Bounty Hunter 4 inch Gold Nugget Search Coil $39.95 Bounty Hunter® 4-inch Magnum CoilWhile a standard coil is great for finding large objects that are deeply buried the 4-inch coil has a narrower field for detection – enabling your detector to separate objects more efficiently. The 4-inch coil’s shallower detection area makes it ideal for prospecting in difficult high metal areas since it allows you to more easily discriminate valuable objects fro…

Deluxe Gold Pan Kit $42.46 The Garrett(r) Deluxe Gold Pan Kit is a complete kit for fast and easy recovery of gold nuggets….

Toysmith 4 M Gold Mining Kit #03259 $7.45 Mine, Mine From Kidzlabs® comes the Gold Mining kit, with (6) chunks of pyrite (“fool’s gold,” but don’t take it personally) embedded in a big hunk of plaster, a digging tool, brush, magnifier, storage pouch and instructions on excavating your treasure. Careful parents might want to have the kiddles wear safety glasses (not included) when working in the mine. For ages 8 and up….