Opinion: Are you brave enough to profit from a collapse in gold?

Posted by MarketWatch

Share on Facebook

Tweet on Twitter

6008edd3ec11b2551876d80e388f34ba

6008edd3ec11b2551876d80e388f34baIf you are, put your money where your mouth is and buy put options

OK, gold haters. It’s time to put your money where your mouth is.

You think gold could be going down to $350 an ounce? That’s great. Then go out there and buy some put options on the yellow metal. They will pay out, but huge, if your prediction comes anywhere close to being right.

We’re talking very little money down, and a profit of more than 3,000% if you’re right. Cha-ching!

…..read more HERE

 

                                                                               

                                                                                                                                                Larger Chart