Now Wall St. loves Trump-and the stock mkt is up 109 DOW points indicating that that Repubs win both houses–gold is down $4 on very light volume
I put this to you: If the Dems win the House, gold could be up $50 or more in the morning and HOLD the gain Wed morn at 9:30 am–[and the dollar down hard…personally, I think the Repubs hold the House and senate]
if one wanted a “volatility” trade–IN SIZE– before the election–he, she, or it, could easily spend. $5K-$10K-$15K on stock etf calls or puts….so, again, by default-if one wants the cheapest vehicle…gold is the choice–and the cheapest form would be the Nov 9 JNUG calls–one should only buy expecting an explosive reaction=hence, no need to buy anything near the money–either it zooms or u eat the trade…there is the $8.50 call at 8 cents or the 9.00 call at 4 cents…Le choix est le votre!