Thursday, April 18, 2013

Jim Comiskey defends GOLD and SILVER with a HEDGE ACCOUNT

The HEDGE ACCOUNT strategy

I know an easier way to do this actually.  You buy 1,000 shares of GE and you short 1,000 shares of GE.  It's the same thing actually.  So you don't lose that way.  Great investment! :-)

What Jim Comiskey is explaining here is you buy physical silver say 500 ounces and then you set up a HEDGE ACCOUNT and short your 500 ounces with paper contracts or "puts."  This way if it goes up you don't lose and if it goes down you don't lose.  I almost think it's about as safe to stay in cash but would that make any sense?  :-)


Recapping the GOLD and SILVER bloodbath



...developing...