Savvy Trades and Investments

[Bobwins]

GDX +.24 to 22.87 Gold continues it's recent rally to around $1343. It's tried and failed to breach 1350 several times over the past several years. After all the money printing and now the possibility of more money printing by a suddenly dovish FED, Gold really hasn't proven to be a great "hard" money alternative. BUT I have faith that the politicians/FED will try to hide the truth by printing more money and extending the rally at any costs. Inflation has been remarkably tame, which might explain gold tame reaction to the money printing.

I could don my tinfoil hat and explain about government intervention in the markets but that's for other boards.

Gold at a turning point. Will it burst thru or fail again?

I have a tiny position in GDX options 6/21/19 $22 calls. Bought at .25, currently 1.07. Cashed at .55 and 1.01 today. Have my money back so we'll see how GDX does till 6/21.