What is the Disaster Insurance touted on Profit Wire? In case of a Market collapse you can make 40X your investment?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
Barrick GOLD options
Would like to see comments on profit wire disaster insurance please
Considering the story is about preserving wealth in a crashing market, it is likely U.S. bonds or treasury bills, or a maket fund or ETF.
guys, if you listen to Stuckman’s video on this he clearly states it is an option position – most likely buying a way out-of-the-money DJIA or S&P put
Video started cutting out at the end when giving the free pick. But what I got out of it was Barrick Gold GOLD $17 Call option up to $6 but it was breaking up so I’m not sure I got all of it. Did anyone else get the whole thing in more detail?
Obviously buying put options on various entities.Not rocket science
The last report was GOLD 17 call 1-22-21 exp. 6.50 or lower