macsmart

Risky Opportunity Awaits in Junior Gold Sector

GDX works very well in this area. You can own it and sell front month options on it every two months generating income no matter whether the price increases or decreases. The options hedge the price while simulaneously putting cash in your pocket.


On Dec 18 10:17 AM Smarty_Pants wrote:

> For those without the time to dig into all the details there is also
> the Market Vectors Gold Miners ETF (GDX)
>
> finance.yahoo.com/q?s=...
>
> Simple approach would be to put a percentage of your money in now
> and use the rest to buy on dips and sell on rallies to increase the
> long term base position. There are also options available for those
> who are willing to tolerate the extra risk they entail.
>
> As always, you are responsible for your own investment decisions.