Loading ...When to sell?
I remember the number of times that I held everything through the peak and back down, wishing I had sold some.
Over the past 2 weeks, today being my last sell, I have sold about 25% of my PM shares, but none of my physical, in fact, I’ve topped it up a little.
As long as Bitcoin and the stock market stay positive, most normies will not even see the PMs moving, so I don’t expect an influx of normies until there is a serious correction in Bitcoin and the stock market.
Very unusual how my shares are not keeping up to the % gains of PSLV!
And there is the opportunity…after a pullback in gold and silver, I will be loading up on call spreads in GDX and SILJ, or just call options on SILJ as you don’t get much for out of the money options. You can make 300 to 500% on 6 – 12 month setups with a breakeven of around 15-20% gain on GDX or SILJ. The amount of cash flow the miners will produce in Q4 is astronomical. Free cash multiples staying constant will increase share rates by their increase in cash flow %’s…..q over q at least 25% for most if not more. Place your bets.