#silver #gold will take off whenever this positioning game is done.
Given the extremelly positive fundamental backdrop & newsflow, it's clear it's not done yet

We made easy money being lonely leveraged july 2019 and july 2020

This time around, the room was full of leverage

1
imo there is a solid floor. this is all about maximal stop chasing and battering up #gold bulls till they move to another market

i have seen this tape before. feb-july 2010 is an example of multiple hard drops, without going "lower". we all know what happened next.

2
imo the risk is a shortened cycle: consuming more time.

Given the trendlines: the #gold uptrendline from 2018 to 2021 ASKS to be broken here: it's almost too obvious for stop chasing.

Seriously: we just started an impeachment.
+ an industrial case for #silver never seen

3
we have a monetary case for #silver never seen.
a massive Democrat-Biden spending tsunami.
bigger forces want to position for that. once that's done, we take off.

a double stop hunt for this horizontal level is in the cards

4.
the way to compound is to focus on a HQ junior pf, combined with some cash yielding majors

the junior PF has been steadily up despite the hard trading environment since August

the biggest risk is to be out. take a seat, relax and wait
no time kan kill you
don't use margin

5.
while the juniors are compounding, the leveraged silver PF is FLAT, despite spending tons of hours of screen time.

there are times for leverage and with time decay

the bull thesis is more true as ever: we take off when the big boys are done shaping

6.
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