Gold at $25000. Silver at $600.

Someone is getting screwed today. Hopefully not me with my Calls on SLV which may not have the silver either .

so on the open, I will take some profit if I can. I have some nice winners there
 
I have a lot more of calls on the stocks as well which would rocket if the silver is gone
 
It is trading now and it appears the spot price is beaten back
 
I took a modest punt on VZLA in pre-trading this morning. Its already up 5%. I imagine I'll at least double my money in the near future, it being so cheap right now.
 
I got out of 4 positions so I am hoping for a big pullback, all Calls on SLV

i might buy a 100 shares of VZLA for the craic.

i also took a long shot on HL to rocket
 
To reach its 1980 inflation adjusted high it has to hit about 140 dollars..
Bit to go then!
 
All 4 that I sold was a mistake and I should have held but such is life , so I bought some SLV for a strike of 70 in early jan so if this is the big one, I will still do well.
But it was time to put some cash aside
 
IMG_5377.jpeg
 
Any guess on how it opens in 3 hours.
If up, I am happy

If down , I am happy I sold some.

if steady, I am not happy
 
Declan said:
Any guess on how it opens in 3 hours.
If up, I am happy

If down , I am happy I sold some.

if steady, I am not happy
Click to expand...
The markets opinion on the state of the US economy.
And the state of the US Dollar.
Will determine the next steps for the silver story.
 
3 hours in and silver is up over a dollar on heavy volumn.

it is 59/50 that silver reachs $60 this week
 
Ye, it looks like the week's efforts to force selling as failed. You can't dump paper onto a physical market. That playbook is just adding to the fire of real price discovery now.

There will be a lot of outflow from ETFs eventually also, into physical, once people realize that is just another arm of the paper suppression game.
 
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I predict the spot to end at 59.37 today to set up a huge week upcoming
 
What is driving back the metals is the rising interest rates overnight in japan, Germany and Britain


So they are rising here now which is a dilemma because if the fed cur the FFR, the interest rates will most likely rise. That is Wednesday and who knows what tomorrow brings
 

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