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June 19, 2010

Gold Scores a New High

A couple of changes have been made to the Docfolio since the last letter. Naturally, the remaining June Silver Wheaton calls were set free. Those options made for a roller coaster ride, having at one point doubled from the purchase price and at another seemed to be destined to expire worthless. The trade makes for a great study in the use of cycles. Had I entered and exited ...

 

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