Wednesday, April 10, 2013

Put Trade in Gold Still In Play With Goldman Note

With Goldman Sachs' bearish note on Gold, the put trade for GLD, and or IAU mentioned last week looks like it still has a chance to be put into motion. Of course, we have to wait until there is a confirmation close below $150.00 as mentioned in a previous post. A positive to this is that the put prices are a week's worth less in time value than when the trade alert happened.  We'll see.....

*** This should be considered just information and opinions. Use your own Due Diligence before trading or investing.***

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