Gold Has Given Back Some Gains Real Money Pro($)

There are causes for concern, but a selloff down to $1,250 should be a buying opportunity.
Oil jumped higher after Saudi Arabia dismissed its oil minister.
I continue to attribute the resilience of gold to portfolio insurance.
Some want gold on a selloff, others are concerned about excessive length.
It could soon run out of buyers.
I've been a big believer that the yellow metal should benefit when these banks feel more pressure.

Think of Gold as Insurance Real Money Pro($)

Despite the substantial inflows into gold-related vehicles, the stars still seem to be aligned.
This has been a great time for all things shiny.
The precious metal could be setting up for another leg higher.

Intermediate Trade: UNG Real Money Pro($)

This nat gas ETF's options volatility can be bought on the cheap.

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Nice finish today for CVX. The stock has been steadily improving after holding key support near the $98.0...


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