Gold's Weakness = Window of Opportunity in mining warrants (having substancial price discrepency.)
Aside from my past and continued bullishness on gold and silver equities there are some price/valuation discprencies occuring. Favorite equities from first to last:
1) Silver Wheaton 2) Yamana Gold 3) Royal Gold 4) Agnico-Eagle 5) Kinross 6) Silver Standard 7) Franco-Nevada
I have bought Warrants on these companies with * My favorite in terms in price discprencies
1)* Kinross Gold - 2011 & 2013 2) * Franco-Nevada 3) Yamana Gold 4) Silver Wheaton Those who like the miners should check out these warrants and evaluate them for yourself.
I used my own estimation of the intrinsic value of these companies , then bought the ones with the highest margin of safety relative to their respective break even prices. In my opinion options should be used only if warrants arent available or as a hedging strategy simply due to the fact the black scholes model for options assumes a normal probability distribution which makes no mathematic sense.