Comments on: The Unsung Guru http://enlightened-american.com/2009/12/04/the-unsung-guru One person's quest to make sense of a senseless American economy and society. Sun, 08 Jan 2012 12:07:34 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Davy Bui http://enlightened-american.com/2009/12/04/the-unsung-guru/comment-page-1#comment-28943 Davy Bui Sat, 19 Dec 2009 16:45:36 +0000 http://enlightened-american.com/?p=553#comment-28943 Hi Jason, I'm actually going to write about this in-depth w/ the premium subscribers but briefly, there is some gold leasing but that's impractical for almost all investors. If you own gold through GLD or gold stocks, think about writing covered calls against your position, which are actually more lucrative than with non-gold stocks since gold-related stocks are so volatile and thus, the call writer gets paid more. Even 90-day calls that are 20% out-of-the-money can generate 5-10% premiums. Hi Jason,

I’m actually going to write about this in-depth w/ the premium subscribers but briefly, there is some gold leasing but that’s impractical for almost all investors.

If you own gold through GLD or gold stocks, think about writing covered calls against your position, which are actually more lucrative than with non-gold stocks since gold-related stocks are so volatile and thus, the call writer gets paid more. Even 90-day calls that are 20% out-of-the-money can generate 5-10% premiums.

]]> By: Jason http://enlightened-american.com/2009/12/04/the-unsung-guru/comment-page-1#comment-28892 Jason Thu, 17 Dec 2009 06:58:45 +0000 http://enlightened-american.com/?p=553#comment-28892 Davy, Thanks for posting this. Much of investing is about waiting for the right pitch, yet a fund manager is paid to invest, not to sit on the sidelines, so it's a tough call for a manager to keep a big % of a portfolio in cash. Separately, I'm know you have a few gold stocks, and I'm wondering if you've ever given any thought to how to go about earning interest on gold. Interest rates are low, so it wouldn't be much interest. But Gold is money. And money can be lent. So it seems like there should be someway, somewhere, somehow to lend it. Maybe with a futures contract or a swap. Davy,
Thanks for posting this. Much of investing is about waiting for the right pitch, yet a fund manager is paid to invest, not to sit on the sidelines, so it’s a tough call for a manager to keep a big % of a portfolio in cash.

Separately, I’m know you have a few gold stocks, and I’m wondering if you’ve ever given any thought to how to go about earning interest on gold. Interest rates are low, so it wouldn’t be much interest. But Gold is money. And money can be lent. So it seems like there should be someway, somewhere, somehow to lend it. Maybe with a futures contract or a swap.

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