Gold - how to profit with skyrocketing gold
October 16, 2007 by Daniel Beatty · 1 Comment
Gold Futures are skyrocketing so how do you profit from this big bull gold rush? You invest in companies that mine or sell gold Or in our case start placing some Bull Put Credit Spreads on the gold companies.
Here is a list of companies that deal in gold to watch and are optionable. Throw these into your charts and watch them for a few days to get a feeling of what they are doing, be sure to check out support and resistance and place the credit spread trade accordingly.
Gold Companies that are optionable -
AEM
ABX
GG
KGC
NEM
AAUK
AU
CCJ
FCX
GFI
MDU
MDG
PAAS
RGLD
For a more detailed trade check out Brent Archer’s credit spread on GG - A bull put spread below $25 —>Goldcorp (GG) hits 52-week high on surging gold futures
bull put spread, credit spread, gold companies, gold rush

