Since last December my belief is that the Euro and gold will “detach” in 2017. The Yen and gold are still tightly correlated, but gold will free itself from those shackles over time and become a go-to currency once again. The Yen/gold correlation is discussed in the video. The NUGT short sale referred to in the video was discussed earlier today at the Winners List Page – “Gold is in a bull market, but trading is trading – I covered a NUGT short from Friday 33.14-32.01. Once again, we’re trying to show that a small account should not be a deterrent – click for broker confirms.”
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.
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