Market Curiosity: Exploring Markets And Systems

January 28, 2011

Picking up money lying in the corner: MS65 Saint Gaudens

Filed under: Just Watching — Tags: , , , — Jeff Fitzmyers @ 5:35 pm

This chart is from Dr. Steve Sjuggerud’s The Most Ridiculously Good Deal in Gold Right Now

I love charts like this!
Trees: Of course the premium could contract more and price of gold decline more…
Forest: When a commodity is scraping bottom, sell puts, accumulate, wait. Someday it will go up again. That’s apparently a large part of how Jim Rogers make a fortune.

I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.

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