Gold is at $1,617 this evening. We are beginning to wonder if we should tighten our buy/sell increments somewhat as gold seems to be stuck in a very tight range. We are currently working with a $50 increment (i.e. what we buy at $1,580 we sell at $1,630) but this isn’t working at the moment.
We remember, however, that this is a marathon and not a sprint and as this gold bull progresses we feel that we will be increasing this increment to the hundreds of dollars rather than decreasing it. We watch and wait.