![Gold’s Fundamentals Shining Again – Time To Cover Shorts](http://investmentdirections.com/wp-content/themes/magazine-basic/thumb.php?src=/wp-content/uploads/2012-03-29-1296199_gold_ball.jpg&h=80&w=80&zc=1&q=80)
For the reasons described in “Gold, Silver At A Crossroads” and “Time To Buy Or Sell Gold?” I shorted gold and silver when their prices broke on February 29. I used equal allocations of the “inverse” (short position) ETFs, ProShares UltraShort Gold (GLL) and ProShares UltraShort Silver (ZSL). My expectation was that there would... »