Gold at $25000. Silver at $600.

I took some profits an hour ago but I am still hugely invested in options. But I fear a surprise tomorrow, who knows.
 
I took some profits an hour ago but I am still hugely invested in options. But I fear a surprise tomorrow, who knows.
I'm sure that there will be desperate measures to drive the price down, but when more is consumed than produced.?
 
I'm sure that there will be desperate measures to drive the price down, but when more is consumed than produced.?
we saw 2 major paper slams last week, to the tune of millions of ounces, but the market absorbed them and stayed steady
 
I'll be happy if we can hold above $60 today, set up a floor for the next launch . Some are now looking at $100 before Jan!
 
That disastrous earning report from Oracle after the bell could crash the markets tomorrow and wreck the metal prices in the short term.

Problem is, I am trading in the short term.
 
That disastrous earning report from Oracle after the bell could crash the markets tomorrow and wreck the metal prices in the short term.

Problem is, I am trading in the short term.
I don't think the global war for control of metals will be unduly impacted by this. Much bigger forces are at work now.(Finally!)
 
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Maybe, but a market crash would surely knock the price as cash becomes king
 
I have bought more very out of the money calls on SLV, strike price 80, jan expires. It is either going to blast off or not by Christmas.

I sold too soon earlier but it is not a profit til it is taken and I am well positioned.

I sold so me covered Calls on NEM and WPM which will be called away on me, so I miss out a bit but still a decent outcome when selling covered calls.


NEVER NEVER NEVER sell uncovered Calls
 
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$70 for me.

I recently sent a roll home that I got for 60 and a roll of 25 Britannia’s that I got for 52 Ibthink. They are cheaper than an eagle
 
I will let my positions run now, throw caution to the wind.

Selling some may have been prudent in most situations, except when it actually is in fact blastoff.
 
Major pressure to slam silver below 64 rn
The shorts are really dumping paper today like crazy
 
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