The Really Useful Gold Thread

I have a thread on the US trade deficit:

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XAU PUTS... Update on the "experiment"

Filled -XAVXE PUT PHLX GOLD SILVER DEC 125 Order Date 12/14/2005
Order Type Limit Order Time 9:42am / Price $3.90 x 2.36= like $9.20

BOT them at $1.15 on Monday: +239%: successful experiment!
But only captured HALF of the drop from $530 to $510

Sold 2/3 so far , with 1/3 to go at higher price