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Thread: Shorting the metals?

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    tiredofworkin is offline
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    Default Shorting the metals?

    If things don't pan out the way the guru's expect (the world is falling, coming to an end and etc.) and gold doesn't rush to obscene highs, anybody else looking to short it?

    What is everyone's choice of shorting the metals turn to?

    GLD and SLV are so thinly traded (option wise)I am looking for other avenue's, to short with options.

    Any suggestions?

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    kidgas is offline
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    Default Re: Shorting the metals?

    If you are looking to short with options, I would look toward the large mining companies. For gold--ABX, NEM, GG, KGC tend to follow the metal to some extent. For silver, I have held PAAS. For copper, I am holding PCU currently. BHP is another major miner. This is just some place to start.

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    Edge is offline
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    Default Re: Shorting the metals?

    Quote Originally Posted by tiredofworkin View Post
    If things don't pan out the way the guru's expect (the world is falling, coming to an end and etc.) and gold doesn't rush to obscene highs, anybody else looking to short it?

    What is everyone's choice of shorting the metals turn to?

    GLD and SLV are so thinly traded (option wise)I am looking for other avenue's, to short with options.

    Any suggestions?
    SLV is pretty thin, but i've never had any problems getting out of GLD. What type of option strategy are you looking at taking?

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