The billionaire revealed his gold strategy to Cody Willard in an email.
Lahore, Pakistan -- (SBWIRE) -- 04/19/2014 -- In a recent article published on MarketWatch, Cody Willard reveals one billionaire gold strategy. The billionaire revealed his gold strategy to Cody Willard in an email. Cody Willard has published the email in his article. This s what he says: “I liked your recent comments on gold but was a little surprised that you didn’t mention the Jr. Gold Miners GDXJ +0.29% . Personally I sold all my GDXJ about 6 months ago and went into Gold Miners GDX +0.13% . I just felt it was less volatile.”
ETFs have become a popular investment vehicle. Gold Miners GDXJ fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The Junior Gold Miners Index includes companies that generate at least 50% of their revenues from gold mining and/or silver mining or have mining projects with the potential to generate at least 50% of their revenues from gold and/or silver when developed.
The best method to trade gold ETFs is to buy options on them. Jeff Kohler is the head trader at Trading Addicts. H e is offering 5 days trial of his Trading Addicts service to anyone interested for $5 only. He not only helps the members make money trading options but also trains and mentors them in options trading.
About Cody Willard
Cody Willard writes the Revolution Investing investment newsletter for MarketWatch. Cody serves as an adjunct professor at Seton Hall University and is on the University of New Mexico Alumni Board. He was an anchor on the Fox Business Network, where he was the co-host of the long-time #1-rated show on the network, Fox Business Happy Hour. Cody, a former hedge fund manager, and his stock picks and economic outlooks have been featured on NBC’s The Tonight Show with Jay Leno, ABC’s 20/20, CBS Evening News, CNBC’s SquawkBox, Jon Stewart’s The Daily Show, as well as in the Financial Times, Wall Street Journal, New York Times, and many other outlets.
For more information about One Billionaire’s Gold Strategy, please visit the following website: