Friday, October 7, 2011

Gold

We bought some call options on GDX yesterday because the momentum seems to be going up for the moment.  This is also a good time to layer in some gold and silver stocks.  Some of our favorites are EXK, AG, NGD, SLW, SVM, EGO, AUY, and IAG. We will try to add in the next few days.  We must remember that in this climate the momentum can change very fast so even though we like to hold stocks for the long term, it is best to keep an eye on all our holdings.

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