Optionsellers.com

Good afternoon, this is James Cordier of OptionSellers.com with a market update for July 2nd. Well, with the first half of 2018 now in the books we start looking forward to the 3rd and 4th quarter of what has been a very loud economic market. Talks of tariffs in China and interest rates, inflation finally beginning; however, many commodity prices basically in a sideways trading fashion. Who in the world would think that the gold market would make a very strong move earlier this year with North Korea and the United States trying to draw battle lines. Interest rates negative in Europe and, of course, what’s always going on in China and now tariffs. We took a speculative move thinking that commodities, especially precious metals, would probably start languishing and going into a sideways fashion. So far this year, that’s exactly what has happened. Silver has traded in approximately a $1 trading range, gold has traded in approximately $80-$85 trading range for the first 6 months of the year. To watch some of th