Huge 163 Billion unpaid Government Debt making pressure on Economy & they are weighing on Gold & Silver price. So we will see a tremendous surge Gold & Silver . On the other side Japan, China & KSA selling US bond & this putting pressure on Yield carve, and people would take Gold & Silver as safe investment & eventually this extra demand will push the price higher.
For the trade we bought (Strath) Gold December 2016, $100 call for $.60
You can check our detailed analysis on GOLD ( RandGold) in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=lqrvUlhlDFI&feature=em-uploademail
Time Span: 7:30"
Trade Status: Pending