Saturday, October 9, 2010

As Gold continues to Rise Traders Make Bets on a Fall

Trader have been predicting an end to this impressive ride that gold has lately. Options traders have two good reasons to buy hedges or specultive plays on a drop in gold, Mr.Wohl said (chief executive of woodlawn advisors). The gold fund's options are relativly inexpesive because of the incremantal gains, which spur drops in the funds option. This article tells me and should tell you to NOT BUY GOLD!

No comments:

Post a Comment