For own use, but post for thread common reference ...
What is the story we get out of this look-see?
Either HUI has been making up for earlier losses, catching up after debacle, gold is cheap and non-gold shares have had too good a time, or
HUI is ahead of itself and gold is behind non-gold shares, gold shall rise more, and non-gold shares are about to crater, or
... etc etc
The way I have been doing is to accumulate gold, the physical, for the fun of it as it is useless, by any way I can, humanely if able, otherwise unless not, but get physical, that which is not for sale, a/k/a hard-core, or deep keep
Everything else is a trade, but prefer to trade options around any particular equity And many equities, collectively a/k/a soft-cores, or villages
I mostly short Puts and Calls, and such option trades accelerate / magnify everything that seems to be happening at any particular time, and are good substitutes for dividend, and not all equity pay dividend honestly, so raid cloud-ATMs via options, akin to raiding villages in the good old days.
Besides, whereas I do not consider share speculation an active business, but option trading assuredly is a bit more than a casual / passive pass time.
Profits from trades, the options to / fro, are diverted to more soft-cores and hard-core, even as soft-cores can be anything, including more of the underlying of the options, whereas hard-core is the one and only, the metallic, elemental, primordial, eternal, ... etc etc ... and the true. |
