Friday, April 5, 2013

that's GOLD, Jerry!

My pick this quarter is for us to add a new position in gold (GLD).

With the tension in North Korea mounting there will be some natural panic that arises and I think money will flow into precious metals like gold while there is a period of uncertainty.

There are a few ETF's to trade that we can talk in more detail about on the call. 

SPDR Gold Trust

Proshares Ultra Gold

Or another play on it is getting into the VIX which measures volatility in the stock market. 

I'll discuss more live but the links are above to do some research in the meantime.

Any of the plays above would require us taking action early next week.

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