Monday, October 19, 2009

Platinum - Guest Blog

The Priory Platinum Play



It has been almost exactly a month since the last post on The Priory of Sion’s pick. Platinum has moved from 1282 to around 1350-1360.





That’s about $3,500 per contract on $8,100 in margin.
This represents a gain of about 40% per month.



4 comments:

Anonymous said...

Nice! but what do we do now? Missed the first boat.

Anonymous said...

Using margin assumptions to calculate gains is disengenuous.

Oh, and this Priory thing is a joke.

Anonymous said...

I tend to agree, 70 OVER 1280 is roughly 5% and the market rose more than that....so the point is???

ringo said...

If you bought anything since that call a month ago, you'd be making good money. So the call's not impressive.