I am long foreign currencies, as well as gold options. That’s where my money is. The currencies are up “only” a few percent from their purchase price, (a big move in the currencies) but the gold options have more than doubled but not quite tripled since my purchase. I intend to roll them over, not let them expire. How about you? Should I post the S&P 500, priced in various commodities? The stock market is going up because the dollar is going down, not because of some magic recovery. Same as in Zimbabwe, where the stock market is also going up (a lot, as a matter of fact).
I am looking to start back with some market orders in futures again.
I have LEAPS in gold options, that I may roll over, but then again, I am leaning toward taking profit there in November.
I have some nice gains in the Dow and S&P, and I may book those gains, as well, depending on the taxman’s bite.
Good move with those currencies!
It validates my belief that, in this type of business environment, one has opportunities to make money on any major move of the markets.
I am somewhat concerned about the future of the tax system under a (hillary!) led mob of crimi ... er, Senators, so I have to position my real properties for a possible sale in an unfavorable market.
Best of luck and thanks for the post. - bill