Monthly Archives: May 2019

Challenge results for May

We’re coming down to the wire now. Only one more month to go.

  1. Orman F +113%
  2. Mustang Sally +90% But heavily underwater on the current trade and running out of time to recover.
  3. Dale S +87%
  4. Michael G +81% But deeply underwater on current trades and running out of time to recover.
  5. The SMT stock portfolio +80%

The SMT metal portfolio is up 47%.

Gold bloodbath: Third times a charm

I’m starting to see signs that the metals may be starting a whipsaw event. It’s still early in the daily cycle so we may not start the final bloodbath just yet. We could get a couple of weeks of volatile back and forth to fleece both bulls and bears before a final plunge.

I’m inclined not to trust any moves right now either up or down.

Gold update