As I pointed out in previous note, the Gold price has been climbing steadily over the past few months above $700. Is it going to the top? Or is it going to break the $720 historical high? I think and will happy to see Gold price soars as Dollars value tanks to the historical low as FED intends to let the "dollar collapse". Once the Fed cuts the interest rate, we will see traders coming to kill the dollars, sending it to hell.And if there were ever a time for China to bail out of its ‘nuclear option’… this would be it. WOW, unbelievable! Well, what we could do is to buy a ticket into the safe harbor, (AZK:nyse, GG:nyse) will be a buy as ZZPT has done before.
3 comments:
Thanks Qianhu for the reminding. Gold was such a hot topic for the being "slowly bullish" several months ago. It is so easy to forget about the big picture. I will accumulate some calls on FCX.
Hi bobby,
yes, are you playing calls too?:)
cool ah.
hiahia, thanks to Buy&Sell, who once said "just regard buying leap calls as buying shares you want to long". Option is a good tool. :)
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