Loading ...So I’m considering selling to take a little profit this morning and buying some put protection. I hate to do it too early but I think there’s a good chance that they’ll try to shit can us here really soon. Let’s also not forget that back in 2008 they hacked us for 30% in Gold. 1000 and it dropped to $700, so we could easily get flushed to $1200 in a heartbeat. I think I’m going to sell a little WPM and buy GDX puts. Usually, I lose money in options, so I hate them but I sure could use a cool $30K in my accounts if I lighten up by a measly $1K. Tell me why it’s different this time? My reasoning is simply based on that Bank of America article and $3K gold prediction. I think it’s a hedge fund penned article masquerading as Bank of America. The idiots at BOA are really dumb morons and Gold is MOST certainly not their expertise so why should they be weighing in on things they have no clue about. They certainly don’t hire the smartest minds in the industry, it’s really just a boiler room of con men, so beware of articles like this. They’re likely trying to suck a bunch of bugs in and they already have their short positions in place with other con men in big banks and world banks and they all will try to pounce us. The dollar could rip upwards for the next few months trashing the hell out of us. Why? Because east is west, north is south and they are trying to create smoke screens. You know criminals work in gangs. BOA thugs are straight-up criminals.
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