RE: out of goldSorry for your losses EA12. You sound clear and disciplined and willing to stay within your risk tolerance and cut your losses. In the long run, peace of mind is very valuable.
I think the longs entering at the current levels are safe in the long game. They may be printing more fiat currency, but so far they are not making new gold despite the efforts of the best alchemists for thousands of years.
Gold will snap back soon IMO and the current consolidation is beneficial in the long run.
Perhaps you want to buy LEAPS so you don't tie up much of your capital but still have the option to capitalize on the considerable gains that lie ahead IMO
Summer is always volatile as the markets trade more thinly. There appears to me more emotion this year and that could exacerbate the market swings. That is part of the fun!
GLTA