Goldman Says Buy VIX Call Options (options to buy in a later month)
VIX is Wall Street´s ¨fear gauge¨ of bad things happening to the US economy in the coming months, Goldman sees VIX going up and up.
VIX is currently 17, up from 15 at the end of August.
Earlier in August 2024, VIX spiked to 38.57 (debt converns, war worries, US political instability, potential for social unrest or all out Revolutionary War in the US…).
https://www.cnbc.com/quotes/.VIX
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Buy VIX Calls - Goldman Sees Rise In Risk Ahead
BY TYLER DURDEN
THURSDAY, SEP 19, 2024
Even after yesterday´s brief tempest….
continue reading at:
https://www.zerohedge.com/markets/buy-vix-calls-goldman-sees-rise-risk-ahead
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Note, gold futures for December 2024 are up to $2,619.90 per ounce of gold.
Many Costco stores are selling out fast. Costco has increased their gross annual revenue by about $4,000,000,000 since they began selling physical gold coins and physical gold bars to Costco members.
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courtesy of: https://www.investopedia.com/terms/v/vix.asp