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Re: coinmaker post# 25596

Tuesday, 07/19/2011 6:30:45 PM

Tuesday, July 19, 2011 6:30:45 PM

Post# of 36151
Re: Debt ceiling & gold/silver

I would agree that volatility will increase with everything going on here in the US (debt ceiling, etc) and abroad (Eurozone crisis).

I bought a straddle on GLD today so if gold makes a significant move up or down I'll make money.

I bought Aug 20 options so I'm betting we'll have volatility in the next month.

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