I guess going long gold options makes me an ultra-bear? somehow that affects my opinion on real estate?
Just closed my position in December calls – bought 7 $750 calls in August – closed the position over the last two weeks for a gain of $43,200 – not bad return on the $2800 bet
I don’t post trading advice for two reasons:
1. I think it is almost impossible for someone to make money following somebody else’s trading advice
2. this is a real estate blog
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I assume you are smart enough to understand that the current action in the equity markets is not healthy – if you don’t understand this I feel sorry for anyone depending on you for financial matters
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And I just remembered that Chris Scoreboar posted inre the price of gold more than once – in all cases, according to him, the price of gold had peaked and was headed back down – gold was in the $600s at that point if I remember correctly – guess I should have been short gold instead of long?
