You take less profits on the upside by owning puts...but you are significantly making money on the downside until the interest in Gold picks up (and it will.)
As I like to always say...you need Gold to protect your portfolio in case of an unforseen event...but you need Gold puts to protect your Gold until that happens. The problem is, you never know when it will.
As I like to always say...you need Gold to protect your portfolio in case of an unforseen event...but you need Gold puts to protect your Gold until that happens. The problem is, you never know when it will.
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Took profits on the first of my EUR/USD trades I talked about earlier.
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