With gold trading above $3,400 per ounce and looking set to clear new record highs above $3,500, we want to add some precious metals exposure into the portfolio. Specifically, we want to own gold royalty companies. We love the royalty model for its capital efficiency. Royalty companies don’t spend a dime digging through miles of
On Thursday, we sent you the first issue of The Trading Club, consisting of a series of trades. You can find that issue here. In total, we sold nine put options on the stocks mentioned in the original issue, and received $4,710.12 in premiums (including a Pepsi limit order we placed on Friday, which got
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
Our first issue of The Trading Club will be published at 4 pm on Thursday, May 29. As we will with every issue, we’ll send you an email containing your full issue, and of course you can check back right here to find a web version. We will also be publishing a trading video on