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Gold hits highest price in at least 5 years
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<p>[QUOTE="desertgem, post: 4141144, member: 15199"]Check GDX chart. Click on max for time and notice that breakage above 30.0 usually leads to a quick move up or down IMO, If you are into paper moves a straddle option here often does very well, you win either way. Buying or selling physical is too strong of a move in this unpredictable year, a paper play can make or lose money also, but you can set limits or change them quickly, and there are several scenarios you can create with them. Personal opinion only , know what you are doing. Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 4141144, member: 15199"]Check GDX chart. Click on max for time and notice that breakage above 30.0 usually leads to a quick move up or down IMO, If you are into paper moves a straddle option here often does very well, you win either way. Buying or selling physical is too strong of a move in this unpredictable year, a paper play can make or lose money also, but you can set limits or change them quickly, and there are several scenarios you can create with them. Personal opinion only , know what you are doing. Jim[/QUOTE]
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