QE2 is adding another $600B, plus 300B in continuing purchases. That's nearly $1T. As a result, gold is jumping higgher.
Here are our GLD straddles:
The miners are also positive, but at a lower amount
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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
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