Trade Alert - (GLD) April 16, 2012

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.

Trade Alert ? (GLD)

Buy the SPDR Gold Trust Shares ETF (GLD) June $160 Puts at $4.25 or best

Opening Trade

4-16-2012

expiration date: 6-15-2012

Portfolio weighting: 5%

($5,000/100/$4.25) = 12 Contracts

ETF Alternatives:

Buy the DB Gold Short ETN (DGZ) 1X short gold
Buy the DB Double Short Gold ETN (DZZ) 2X short gold
Sell short the SPDR Gold Trust Shares ETF (GLD) on Margin outright

or pull out the gold inlays in your teeth, sell them, and replace them with silver amalgam. Any pawn shop will tell you that people do this.

If QE3 is truly off the table and we are back into ?RISK OFF? mode, there is no way gold can hold up here while everything else is collapsing. We are already in a clear downtrend on the charts, so we might be able to take some quick change here.

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.