Will it make any difference to gold and silver whichever of these appalling presidential candidates gets elected to govern what still remains the world’s most powerful nation? Obama has accelerated the decline in the nation’s superpower capability, arguably Bill Clinton’s legacy, and the erosion is set to continue with his wife in office but would […]
During the last few months we have frequently urged our readers to look out for pull-backs in the gold and silver spot prices and then take the opportunity to increase their exposure to these metals with any spare cash that they may have.
Of course we appreciate that it is a rare occurrence for the ordinary ‘man in the street’ small investor to catch the bottom of a market downturn when buying but there are ways and means to avoid making a buying decision that may turn out to be an expensive error of judgement for those with limited investment funds, so leaving them short of cash when they next spot a potential winner.
SPDR Gold Trust ETF is the most actively traded call option on the CBOE only a month after the option started trading. Options in the gold ETF are allowed to trade in the US as the fund holds physical gold.
We were delighted when option trading began in our favorite precious metal investment vehicle as it will allow us to use our much favored source of added income in these uncertain times.
Ever since we began to feel that the stock market was overheating in the face of all the economic evidence that it was due a fall, we have been active in trading covered calls.
An option is a contract giving the buyer the right, but not the obligation, to buy or sell the underlying asset (a stock or index) at a specific price on or before a certain date (listed options are all for 100 shares of the particular underlying asset.)