Trade Update: DUG IAU GLD SLV

We are short oil and gas via DUG short gold and silver with IAU and SLV respectively and also long gold by GLD. This week I think will be big for the commodities after Goldman Sachs came out with oil to reach $200 a barrel. It will, but not before profit taking which is the part they don't tell you. So it's simple if the commodities break down we follow them down on the short side waiting to close out our profits and go long. On a breakout we will stop out of our short positions and stay long gold with GLD. As always the market is my master.