Still holding onto Puts for now. I look at the weekly charts so, I have some time yet as to whether to bail. I did not expect $gold to hold at $1150. It appears for now that the FOMC comments may have put in the bottom. Still seems premature for that so I’ll watch how this week progresses. The puts (SLW) were still up 50% as of last weeks close. That is down from 125% prior to the FOMC but, I still have a cushion yet.
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