the collapse of etf gold - paper gold, page-120

Hi Biggle’s and all,

Thought I better keep up with my 2014 resolution.

Maybe you could spend your free time at work reading up a little.

Remember revision at any time is not time wasted.

Playing Gold options explained.

The key thing to remember is having the right to take something (gold) as against the obligation. If you take a fee (premium) for a position you will be obliged to take delivery and could be at a substantial financial risk.

However; someone with commitment and the cock sure view that the Gold price was going to fall for eighteen months can collect premiums hand over fist. If I personally held such a committed view and had not acted upon my gut feeling I would feel about as foolish as a tired baggage handler.

http://www.theoptionsguide.com/gold-options.aspx

Stock options explained:

http://www.youtube.com/watch?v=Ren8kZ5nJ4c

IMHO we will one day see a financial event that will make 1929 and 2008 look like a picnic here is one view of what may possibly happen of course it’s only one view. The big trick with learning is keeping your mind open.

http://www.youtube.com/watch?v=4ECi6WJpbzE


Only a month away to the next round of fireworks in Washington:

“I respectfully urge Congress to take action to raise the debt limit at the earliest possible moment and ideally well before February 7, 2014.”

And the clock keeps on ticking:

http://www.usadebtclock.com/

Cheers and very best regards: Andy