In today’s Daily Journal, Porter writes that because of the speculation in gold and Bitcoin, and the country’s mountain of debt, America is going to default on its bonds. It happened in the 1930s. And it happened in 1971. And it’s going to happen again.
This afternoon, we placed the inaugural trades for The Trading Club in our $100,000 account, and wanted to update you on the official trades and prices we received. The exact option strike prices we selected, as well as the prices we received, have changed from the original recommendations published in the first issue we sent
When used correctly, selling puts is an incredibly powerful strategy that gives everyday investors the chance to generate income, reinvest in other opportunities, or to purchase equities at below-market prices. But if used indiscriminately, this strategy can easily wipe out a portfolio. Today, we discuss how to do it the right way.
In this inaugural issue of The Trading Club, we have selected nine stocks that fall right in our sweet spot of the mispriced options zone: they have low fundamental risks at their current valuation, but an higher option prices that we don’t believe is warranted, creating a lucrative trading opportunity.
In today’s Daily Journal, Porter reports on the massive change in computing power that has taken place in the last 50 years… And Nvidia, which reports earnings tonight, has been a major driver of that. There’s a reason it is the most valuable business in the world.
Franco-Nevada (NYSE: FNV) – the “Gold Digger” That Gets Paid To Do Nothing – is the leading gold royalty company. Franco-Nevada provides financing for mining companies to do the capital-intensive work of pulling rocks out of the ground, in exchange for a percentage of the mine’s output. This makes it a highly capital efficient business model, generating 56%
In today’s Daily Journal, Porter explains a variety of topics, including the best strategies for making huge gains with little risk… and the big secret that he will strive to pass down to his children.
