Gold & Silver

Should I Sell My Gold?

Should I Sell My Gold?

With all the world turmoil, high inflation, war in Ukraine, China rattling their saber, gold has gone up in price. Trading Economics tracks gold prices for the last 12 months. Less than a year ago, gold was just under $1,700/oz. It recently hit $2,050/oz. and was knocked down $60/oz. the following day. Remember the old saying, there […]

Trade of the Week: GDX

Trade of the Week: GDX

With all the volatility in the market and the uncertainty brought about by the Ukraine/Russia war, there has been a lot of options action in defensive investments like gold.  Investors will often use gold or gold miners ETFs to take positions in the metal  A popular gold miners product is the VanEck Gold Miners ETF […]

Trade of the Week: GDJX

Trade of the Week: GDJX

There has been plenty of options activity in commodity ETFs over the last few weeks.  Precious metals have certainly gotten a lot of attention from traders as they tend to be defensive investments during times of uncertainty.  With gold reaching over $2,000 an ounce, gold miners are also seeing a lot of bullish action.  Recently, […]

Trade of the Week: Silver

Trade of the Week: Silver

The war in Ukraine has roiled the financial markets, especially the currency and energy markets.  Investors have been flocking to precious metals in recent weeks to hedge against global uncertainty.  With gold becoming expensive in a hurry, some investors have been flocking to silver as a substitute. One of the more popular methods of buying […]

A Trade 10 Years in the Making

A Trade 10 Years in the Making

It’s been 10 years since we’ve seen an “all time high” for this particular stock.  But… I’m looking at the chart right now… And this stock looks ready to boom.  With all the geopolitical problems in the world, this trade makes 100% sense.  I measured the return, and it could see a 24% gain in […]

Trade of the Week: Gold

Trade of the Week: Gold

There was quite a bit of options action across multiple asset classes last week between the Fed meeting and several key earnings releases.  One asset that saw plenty of options activity was gold, particularly SPDR Gold Shares (GLD).  GLD tracks physical gold prices and is generally a heavily traded ETF.  On a busy day last […]

Trade of the Week: Gold Miners

Trade of the Week: Gold Miners

The market may have been selling off last week, but it didn’t stop gold miners from catching a bid.  In fact, VanEck Gold Miners ETF (GDX) was up over 7% one day last week when one of its major component companies posted better than expected earnings.  GDX traded over 300,000 options that day, with 76% […]