Does anyone here think precious metals will make a run between now and year end? Last week I purchased DGL 35 calls for Jan. I have a strong belief in this commodity bull and think certain commodities like Silver and Gold will run up by and past the year end. I am considering buying more for Jan10 to capture the full extent of the run. Tell me what you think. Thanks.

Anyone want to rebut this now? I still feel the run will last half of the year.

Is your thinking that commodities, such as gold, will make a run because the overall market is expected to decline?  What's your rationale?

I have had the idea in my head for quite a while now. I have only acted recently (mid June) because of the bull cycles in Gold was set to buy at that time. I am loading up on DGL Jan10 40 calls on dips. We are likely to see them, but not often, especially as summer comes to a close. That could be where the rally starts up again. I think gold will strike 1000 once more sometime pretty soon, pullback, creating a last chance to buy, then rise and stay over 1000 later this year, finally making it a support level. Beside that, +1000 will very very bullish for most of next year. That's my theory anyway. I'm betting big on it. I am also buying stock in some juniors.

You know what cygnusx3, your probably right about 1200 being low. I think when I wrote that I wanted to approach people conservatively. It is very possible for it to go much higher than that. My ultimate target might actually scare people off. The bull will probably last for years to come. So while I invest in my options with the metals, I set logical targets for it to pass, with time to turn over the options I trade. That's my deal anyway. Everyone has a different approach to this. Besides, I don't see a lot of talk about gold options on here, so I thought I'd open it up for this.