Baltimore, MD (Vocus/PRWEB) March 10, 2011
If investors bought gold at any time during the first 10 months of 2010, they’re sitting on some pretty healthy profits.
But if those same investors watched gold struggle during January 2011, they may also be worried about keeping those hard-won profits – even with the rebound and run to record highs that gold prices have made.
Not to worry: Gold investors don’t have to just sit around chewing their nails and worrying gold prices will suddenly plunge. In his latest article for Money Morning, options expert Larry Spears discusses a few simple strategies investors can employ to protect their profits – while continuing to ride the gold bull.
Whether investors hold physical gold, trade in gold futures contracts or own the shares of major gold-mining companies, they can “insure” nearly all of their profits against a short-term price decline with the help of a very simple options hedge.
To find out how it works, simply read “Hedging Strategies: At a Time of Record Gold Prices, This Simple Option Play Will Protect Profits”.
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William Patalon III