Rambus GLD Update…Public View for Goldtent now
https://rambus1.com/2017/01/12/gld-update-240/
Based on this I’ve fully hedged my Rocks with HGD.TO
https://rambus1.com/2017/01/12/gld-update-240/
Based on this I’ve fully hedged my Rocks with HGD.TO
Thank you, Fully. I understand the reason for the hedge. What percent do you like to use and why this stock choice?
I trade the Canadia listed miners ( Spock Rocks)
IF I have $100,000 in Miners I buy $50,000 worth of HGD
It is the Canadian 2X miner bear. Goes down 2X what the Mining ETF XGD does
IF you have US Listed Miners and a US $ account you can use JDST to hedge…its a 3Xer however and the decay is not good…so only for a short time. In that case $33,000 of JDST would hedge $100,000 of Miners
There is a 2X US Miner Bear ETF too ( I forget the ticker)
Thank you =0)
This article is behind a paywall so not accessible to non-subscribers.
Its in public mode BobbyC
locked out here too
I was just thinking the same today! We’ll see how tomorrow looks, but don’t like it when gold settles more than 50% below the high of the day!
OK I fixed the link its Public for us here .
I have posted on the Rambus site these same conclusions. I have stepped to the sidelines to watch based on Rambus charts
Thank you FGC. That a revelation!!