Barrick Gold Corp: A Million Dollar Options Play?
Monday, January 15, 2018 at 11:55PM
Gold Prices

Summary

The dream of making a million on an options trade has been one of my dreams for some years, so today, I’ll outline one such possibility.

It is interesting to note at this point that the producers haven’t really joined in the fun and are not reflective of the progress made by gold.

Therein lies our opportunity.

This sort of trade is a very big ask.

Preamble

Every now and again it is nice to sit back and dream of just what the possibilities could be. If we don’t have dreams they can’t come true. The dream of making a million on an options trade has been one of my dreams for some years, so today, I’ll outline one such possibility.

The US Dollar

The following chart depicts the US Dollar as it struggles to maintain its purchasing power. A rapid fall now would ignite the precious metals sector.

 

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