The Really Useful Gold Thread

Hector...
"anything is possible", but I see strong resistance at $354-ish.
If broken, then higher levels: $380, $400 whatever are possible.

I do think, POG will backtrack to $325/330 before surging again.
I am lightening slowly my positions in Senior Gold producers, and some
mid-tiers.

I think your short strangle makes sense.
I sssume you collected some hefty options premiums, and therefore are
collecting some nice decay everyday.
If you want to buy some shares to protect against and upside break, some
of those listed on the Mug's thread may be good.

Timing War is difficult...
but I do not see it before second half Jan./ too many tactics open to Iraq
to get it sooner IMO