Gold is breaking out again, up over $35 today. Time for a quick update and a new call position. Gold Futures - Longer Term View Gold Futures- Intermediate Term GLD $3,000 Gold should take GLD into the $260's by election and then targets $300 early next year. New GLD Call Election volatility is starting to creep into GLD calls, as the Nov 15th $245C seems to be building in some anxiety premium over economic and geopolitical instability. Let's add this speculative position to carry us through the election. GDX Jan 17th $40C This position from the Premium Service is still a Buy. GDX Daily Target: $50 by Jan expiration. KGC: Low-Priced and on my radar
