Now that everyone is thoroughly bearish, $gold and $silver are about to make a big move up - run to $2050 and $29 then consolidate for a month .. then break and run hard to $2500 and new all time highs for silver. Likely by mid year.
I’ll be doing the same thing with my call options than I did on the run to $2100. I am holding heavy $CDE $AG $SLV $AUY $FSM calls that I’ve bought slowly over the last 3 months. I will cash out 20% at $2300 - 20% at $2400 - 20 @ $2500 etc. I will let my juniors ride.
I will start buying $gdx and $gld and especially $slv puts when gold hits $2400 .. just Incase, but I expect those first options purchases to lose 60% before making money. I’m excited and am ready for a serious multi month rally. let’s make some money in here!! 📈📈📈
$gdx $gld $slv $gdxj
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