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Posts Tagged ‘calls’

Gold Bounces Back: Managing a Winning Trade

How about gold, folks!? When we dipped down around 1520 I called it a bear trap, and I warned people not to get caught in short positions. Now, over the last four days, we’ve seen gold bounce up around $90. Incredible! As a long-term gold bull, I was very eager to take advantage of that [...]

The Constructive Hedge

Folks, I received a number of emails asking about my move around silver during this correction, so I’m going to talk in a little more detail about the constructive hedge I made. Not because I’m trying to show off, but because if I were going to write a textbook, I couldn’t come up with a [...]