He has two. First of all, buy physical; only buy a futures contract with the intent of taking delivery of the metal. Secondly, buy when a bear raid is over. The idea behind the first is to help put pressure on the big shorters by limiting the amount of gold available for loan; the second, to profit by buying low while helping limit the downside by adding demand when a bear raid takes place.
The idea is to help limit the profit potential, and increase the riskiness, of any such raids to the point where they're no longer worth undertaking.
Subscribe to:
Post Comments (Atom)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/tny_au_en_usoz_2.gif)
No comments:
Post a Comment