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We'll Tell You When It's Time to Tap Tesla

A week ago today, in a strategy story aimed at helping you survive and thrive in today’s whipsaw markets, Chief Investment Strategist Keith Fitz-Gerald told us to put Tesla Motors Inc. (Nasdaq: TSLA) on our “watch lists” for a likely future purchase.

“BP, Tesla is a definite ‘shopping list’ stock,” Keith told me back then. “We’ve been nibbling at it here, and have played it successfully several times. But it’s not yet at the point where I’m ready to jump all the way in. I think my rationale behind Tesla remains upbeat. I mean, you’ve got a real winning combination here – a disruptive sales model, a CEO who’s the most innovative guy on the planet, all the capital in the world that can be brought to bear. I don’t give a rat’s [tail] that New Jersey won’t let the company sell its cars there. There are much bigger opportunities. Wait ’til you see what the company does with China.”

  • Featured Story

    How to Hedge Gold

    Gold prices have had a phenomenal run over the past year, but the distinguishing feature of the market in recent weeks has been extreme volatility - volatility that has many investors nervous about protecting the big profits they've rolled up and looking for ways to hedge gold.

    Now, we don't advise jumping off the gold bull's back just yet - especially since Money Morning's leading gurus see a gold price climb to $5,000 possible over the long haul. But you may want to consider taking out a little short-term "insurance" on your precious metals profits.

    In fact, we suggested readers do just that in the Aug. 22 issue of Money Morning Private Briefing. We even went a step further and issued step-by-step instructions for a gold-hedging strategy.

    Just two days later, on Aug. 24, gold suffered its third-worst down day in history, plunging 5.6%.

    Readers who took our advice reaped windfall profits as a result. And now we're giving you the same opportunity.

    We're back today with another strategy to help "insure" your gold profits.

    The Secret Way to Hedge Gold

    The only thing you need to do to hedge gold is follow this simple options strategy.

    To continue reading, please click here. Read More...
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