I LOVE BEING RIGHT…AGAIN!! Last week, i suggested to my friends and clients to buy the december (z) gold $1250.00 calls! you could have purchased these positions for under $2500.00 and today sold for over $3600.00 ; so great profit, but there will be more….afterall, i claimed that i “would bet my house” on them,and they would make 30% definately NO DOUBT!!! WELL, now i can rest assured….because i was right.

(i have a piece i wrote and was published in a trade show magazine years ago, i will try to find link and hyper link, or just summarize and re-add later this week or so.) that was a lil side note*** SEPERATE piece of interesting news, AMAZING that the margin requirements were raised for gold again what a sign most people dont comprehend or really factor into trading, but “they” are really trying to shape the depth of the traders back to deep water whales and different types that can swim in the waters of the market with the “big” fish and the whales are the “biggest” of them all…afterall they can impact along diff levels and depths. after a decade of dinkin and dunkin thru many trading levels “THEY” are shaking the waters up again so the little fish,and moms and pops wont be able to just play in the water anymore. So many professional traders are happier when this happens, the small erratic clips and little side trades people chase because they think they know , are more frustrating and not worth the extra liquidity that the makers,platforms and traders seek. NOW, AGAIN…(for those of you who speak english as a 2nd or 3rd language!) LOL! BUY AND BUY, AND AGAIN BUY DECEMBER GOLD OPTIONS (FIND THE VALUE 1ST) ***etra nugget*** if you get a chance at pullback special and can swipe thru while futures break down a little on the low range 1182 thru 1198 (pick your price,like pickin’ your poison) you can be a connaisseur in that range if you want to exude patience, but you can rest easy that if you jump in with both feet you will NOT BE DROWNING…..good day, people and be safe out there!!