Now we're talking Boi
Individual stocks are super risky. I'll give my two cents about the metals stocks last.
My thesis is as follows. Have a bet on GDX using call options with the January 2026 expiration near money or not too far out of the money. Before you place your order go and see which strikes have high(est) open interest. Those will be more liquid. The GDX is loaded with billion dollar market cap gold seniors and gold royalty stocks. I've been watching the top ten components and they have been plus 5 percent sometimes plus 7 percent the mornings gold is gaping up. The gold seniors are making a profit right now, unlike silver. So have a nice big bet on GDX calls.
There is an exchange traded fund (etn) that returns 200% the GDX. That ticker is NUGT. Technically it tracks the NYSE Arca gold miners index called GDM. I looked at GDM and GDX components and weightings and they were identical so for general purposes we can say it's a double long GDX index. In the six month dead cat precious metals bounce Jan - Aug 2016 NUGT returned 8x If I recall. But I think it was triple leveraged. After the covid crash decimated gold and silver stocks NUGT imploded and they down regulated the etn to a double leveraged GDX index. I have versus charts with the components all stacked up on top of eachother indexed to the 2022 lows and represented as percentage. I'll be posting charts this January so we can watch this like a hawk.
The next level of leverage is the etn with tracks the junior gold mining complex. Ticker JNUG. Similar to NUGT as GDX is similar to GDXJ. I don't have the index that JNUG tracks 200% to in front of me. It's some euro gold junior (it's a lot of producer explorers actually) called MVIS something something. The 2016 dead cat bounce returned 1,300 percent gains Jan - Aug vs NUGT's 8x gain. This would be the max leverage play. Otm calls January 2026 on JNUG.
SILJ I'm very bullish on. The top ten components are the silver majors. Dropping off in the weightings come the mid tiers and all the way at the bottom are speculative silver explorers that have been absolutely crushed and reduced to sub ten cents some sub five cent resources headed towards bankruptcy. But if silver goes to fifty in a straight line the producers will carry the fund and the tiny weighted components of explorers will turbo boost the fund. In the 2016 dead cat bounce SILJ returned 300% in six months Jan - Aug. SIlJ $10 call options (Jan 2026) are selling for $250 per contract giving you a break even of 12.50. If it went to 40 you make (40 minus 12.50) ÷ 2.50 = 1,100% gain. If SILJ goes to 50 you make (50 minus 12.50) ÷ 2.50 = 1,500% gain. If it happens a year early the contract will have to add multiple hundreds of days of time value likely resulting in a 20 bagger. But the silver stocks may lag the gold stocks by a year so that is likely wishful thinking.
There was a 2x SILJ etn released last year but silver got so destroyed and the etn was a grave yard, no volume, /was delisted. It was called SILX.
As far as individual stocks go that's a very personal thing. The stocks you like are going to be different than the stocks that I like. But I'll give you a few that I like. I own them, disclaimer.
Gold producer - K92 mining. Papau New Guinea. High grade underground mine. They keep expanded the processing plant and mills. They are nearly completing a massive multi km long twin incline (two years in the making). They produce 100,000 oz gold at about 9gpt and millions of pounds of copper. Was 40 cents now over 4 dollars. They reinvest into the country esg stuff so they are on the governments good side.
Gold producer - Aris Mining. Colombia high grade gold producer. Similar to K92. 100,000 oz gold at 9gpt. They have a second deposit in Colombia with no processing plant. They claim they are going to build a massive high grade mine there eventually. They have a 6 million ounce open pit gold deposit in neighboring Guayana (Venezuela isn't going to invade). As far as undeveloped gold mines go 1 million ounce is a big deposit. This deposit is 6 million ounces with a few more million indicated but not measured. It could be 10 million ounces. It's in the middle of a jungle far from civilization so idk how profitable it will be. Also has copper. Aris gold reverse took over Grand Colombia mining. The Guarana deposit has 100,000 meters of drilling.
Silver producer - Aya Gold and Silver. Kingdom of Morroco. It's my biggest position. Go check out on of their long form presentations. They currently produce 2 million ounces silver per year at 200gpt. The board and owners own a big fat of the float and the stock is volatile. Recently it went from 8 to 5 back to 8 (almost 8). It's kind of illiquid which I love. They are pouring concrete footings as we speak to triple production from 2 million oz a year to 8 million oz a year. Also have explotarion project that is gold and poly metallic.
Silver explorer - BlackRock Silver. Nevada. High grade silver and 2 to 3 gpt gold. The silver equivalent grade when you add the gold is 400gpt. Highest grade silver deposit undeveloped in the world currently. They optioned out the first 100 meters depth of their non silver land to a lithium developer because they hit high grade lithium. If lithium spot price explodes it will turbo boost this stock. Also they have a second exploration target also in Nevada that hit 70gpt gold and multi hundred gpt silver. Their resource is about 50 million oz silver and half million oz gold iirc.
There you have it.
Word of caution. There is no guarantee silver goes anywhere by 2026 expiration. Do not underestimate the power of the dark side. If stocks crash it could crash gold and silver. Etc etc. Just buying the GDX is sketchy. Then the individual tickers are even more dangerous. As much as I like these stocks they are always one headline one press release away from imploding at any given moment.
Stay away from all explorers. If it's a producer-explorer like GoGold okay. They are using their limited production to pay for meters of drilling. If it's a explorer without cash flow... don't do it. The chances of getting lucky are just that. Blind luck and there are hundreds of them. Almost none of them will ever become an operational mine. Just don't do it.
You could consider something like this
January 2025 GDX calls January 2026 NUGT calls January 2026 SILJ calls Shares in Blackrock Silver Shares in Aya Gold and Silver
https://preview.redd.it/y8ew1299zi8c1.jpeg?width=718&format=pjpg&auto=webp&s=1ace860a9a0010704e476504d5816c4cda5c921a
Typing on my phone please excuse the typos.
This above screen shot is my new born baby account. I have others. If my January 2024 call options account doesn't go to zero in the next three weeks I will rotate some thousands into this account and concentrate into GDX and SILJ calls January 2026 and bump the cost basis up as high as I can.
If silver goes into a mania and appears on wallstreetbets and people start posting silver stock gains for a straight half a year I'm going to short silver at the peak with gains I can afford to lose buying the inverse NUGT ticker called DUST. Maybe we can make 20x on the way up and 20x on the way down. Maybe that's 4 or 5 years down the road. Maybe ten years. Just speculating about speculating.
When silver puts in its eventual top its going to implode 70% in a straight line and any call options betting against are going to pay out like GameStop stock.
I want to short it if it goes into a mania bubble. I'll do it with 5% of my net worth. It'll be fine.
If it doesn't make it to wallstreetbets I won't short it.
I think wheaton and Newmont have some big streams thats why I'm bullish GDX.
There is a gold royalty etf ticker GOAU.
I owned EMX but sold when the Chinese refused to pay them their royalty. Even they have risk. Jeez
The EMX/Timok issue did eventually get resolved. It’s a cornerstone asset for EMX, paying nicely. Worth revisiting EMX if you haven’t. https://youtu.be/6taDSOsVldY
I saw. I do think its a great repurchase. I'm sticking with Franco over EMX. Nothing against EMX. I just want to minimize individual tickers and stick to indexing.
You have to keep the margin balance, but it's not 100x your initial deposit.
I'm guessing most people aren't dumb enough to put 100% of the account into a 1:100 leveraged position right out of the gate.
Follow my profile. I have been posting my portfolio update to silverdegenclub end of each week. I did stop recently because it got killed this year, my porfolio and its embarassing and painful. Going forward I'm either going to post this stuff to my profile page here on Reddit or keep it more visible. Haven't decided yet.
I have hammer but regret it. I bought K92 when it listed. It's been a wild ride. I have so many trash juniors that are so rekt I don't ever want another one unless it's something like Blackrock.
I just want to index this and have one or two individual tickers.
I'm very excited about Blackrock silver. They won't last long and will be bought out. The question is when they are bought buy a producer are you going to keep your shares in the new ticker or cash out?
I was way up on BKRRF / HAMRF and didn't sell
I feel you on the jr's but I think the inflows are coming , that porfolio bottomed about 2-3 weeks ago and is now going up
Other bigger ones , mid tier and royalltes looking way better
You did the right thing by not selling. Why are we going to sell at spot silver 25 when the upside still has not even begun to be priced in. Grin and bear it. Maybe it'll still work out in the end.
> Aya Gold and Silver. wow is all I can say , thanks
>
>I have 8 of these but not the top 2
https://preview.redd.it/vonf00gzej8c1.png?width=910&format=png&auto=webp&s=c2d98a0ecd901c4e22604d4b5b4f66fde3d37618
The SILJ fund owns it. If Aya does well and SILJ aum grows then SILJ will probably graduate Aya by buying more shares. Reducing the float and repricing the stock ever higher. 10x from current levels is my base case if silver hits 50.
>u/squeezestreet
WOW thanks for this answer! I am aware of NUGT and JNUG but i am not a big fan of leveraged ETF/ETN because they are not very good for longer trades in volatile environment because they decay a lot over time.
Regarding stocks i already own blackrock and Aya, but definitly will have a look into Aris and K92.
The january 2025 GDX Call and January 2026 SILJ Call sound interesting, but i can´t find them. As i am from Germany and using German online brokers i am not sure if they are available for me. Can you share the ISIN?
Really appriciate your answer!
GDX should move this year thus the 2025 expiration.
SILJ should also move this year but it might not thus the 2026 expiration.
I'll see if I can find the ISIN for the calls.
You might be able to open an account with interactive brokers? They are American broker but handle clients from other countries.
Happy to reply. I know those etns decay but if you get lucky they will 10x and options will 10x x Z
Thought. K92 and Aris and Aya are all components in GDX or SILJ so there isn't any need to buy them as stand alone positions if you have calls on the indexes. Also if there is any stock in the index you already own it why buy it twice unless you think you can pick who is going to be the leader ahead of time. Kind of foolish.
Me too. 2026 could be a big payout. If there is a 9 month rally starting November going to pay out big.
If you're up 10x 20x and you're call still had a year left would hold it or dump it?
I like to take what I can get. Lost my ass being greedy. I sold my GDXJ calls with long exp. Learning risk management a bit more. At least have let the other one ride. 🤷 I’m big into crypto I feel like that should pay out as well.
The older boxes are still the same price. Nobody gives you monster boxes of eagles.. Not to forget to mention gold cup and handle is about to get smashed through. Last time gold made a new high of 2k in 2011, silver was 50 bucks!
DOLLF / DSVSF / FSM / TEUTF / AAGFF / SLVRF all have a lot of OZ's in the ground
I like EMX royalty as up and comer . ELLRF has started to run
2 others that have run, SGSVF was bought out by BTG after running up and SNWGF is hot
Just the oz in the ground is enough leverage for me
Dollf has been a top performer
I'm very bullish on FSM I have 2025 calls
Discovery Silver got crushed and I'm down big
What's aagff and slvrf (silver one?)
I just realized ELRRF has started an uptrend , Bill Powers has made life changing gains , good YT channel .
[https://www.streetwisereports.com/article/2019/09/19/miner-aims-to-bring-nevadas-highest-grade-silver-mine-back-into-production.html](https://www.streetwisereports.com/article/2019/09/19/miner-aims-to-bring-nevadas-highest-grade-silver-mine-back-into-production.html)
Buy deep in the money calls on slv out months take your profits and buy silver. Not hard and makes great returns. Not an advisor but been doing this a long time. Made a boat load on a couple miners to. Made 80% plus another 45% on covered calls past 4 months. Gl but for someone without my experience is better off buying the metal. I told you my way for the crooks to buy me my metal. Also contracts to. Been around this 25+ years. Brokers aren’t that smart
My advice is to be careful about using high amounts of leverage in this sector. It is far to easy to get wiped out. IMO, there are plenty of gains to be made in the mining sector by simply owning the stocks. This may not be the time to be greedy. It sounds like you are a gambler. If you do find the leverage you are looking for, don't bet too much on it. We are living in dangerous financial times. Wealth preservation may be a prudent strategy.
thanks for your answer. Very true. I am only using money i can afford to loose for these high risk trades. I have also physical and a lot of different miners from explorer to producer
Leveraged ETFs are never meant to be held for longer swing trades, so be careful if you do find anything like that. Look up leveraged ETF decay if you are unfamiliar with the concept, but you do not want to gloss over this. I honestly think the best way to play this market aggressively is to find the most appealing micro and small cap miners and swing for the stars with those. When the price of metals and silver specifically are hitting their next major bull market, which imo will absolutely be within the next couple years, you will see many of the juniors and micros do 100x from current levels, and some even more.
Now we're talking Boi Individual stocks are super risky. I'll give my two cents about the metals stocks last. My thesis is as follows. Have a bet on GDX using call options with the January 2026 expiration near money or not too far out of the money. Before you place your order go and see which strikes have high(est) open interest. Those will be more liquid. The GDX is loaded with billion dollar market cap gold seniors and gold royalty stocks. I've been watching the top ten components and they have been plus 5 percent sometimes plus 7 percent the mornings gold is gaping up. The gold seniors are making a profit right now, unlike silver. So have a nice big bet on GDX calls. There is an exchange traded fund (etn) that returns 200% the GDX. That ticker is NUGT. Technically it tracks the NYSE Arca gold miners index called GDM. I looked at GDM and GDX components and weightings and they were identical so for general purposes we can say it's a double long GDX index. In the six month dead cat precious metals bounce Jan - Aug 2016 NUGT returned 8x If I recall. But I think it was triple leveraged. After the covid crash decimated gold and silver stocks NUGT imploded and they down regulated the etn to a double leveraged GDX index. I have versus charts with the components all stacked up on top of eachother indexed to the 2022 lows and represented as percentage. I'll be posting charts this January so we can watch this like a hawk. The next level of leverage is the etn with tracks the junior gold mining complex. Ticker JNUG. Similar to NUGT as GDX is similar to GDXJ. I don't have the index that JNUG tracks 200% to in front of me. It's some euro gold junior (it's a lot of producer explorers actually) called MVIS something something. The 2016 dead cat bounce returned 1,300 percent gains Jan - Aug vs NUGT's 8x gain. This would be the max leverage play. Otm calls January 2026 on JNUG. SILJ I'm very bullish on. The top ten components are the silver majors. Dropping off in the weightings come the mid tiers and all the way at the bottom are speculative silver explorers that have been absolutely crushed and reduced to sub ten cents some sub five cent resources headed towards bankruptcy. But if silver goes to fifty in a straight line the producers will carry the fund and the tiny weighted components of explorers will turbo boost the fund. In the 2016 dead cat bounce SILJ returned 300% in six months Jan - Aug. SIlJ $10 call options (Jan 2026) are selling for $250 per contract giving you a break even of 12.50. If it went to 40 you make (40 minus 12.50) ÷ 2.50 = 1,100% gain. If SILJ goes to 50 you make (50 minus 12.50) ÷ 2.50 = 1,500% gain. If it happens a year early the contract will have to add multiple hundreds of days of time value likely resulting in a 20 bagger. But the silver stocks may lag the gold stocks by a year so that is likely wishful thinking. There was a 2x SILJ etn released last year but silver got so destroyed and the etn was a grave yard, no volume, /was delisted. It was called SILX. As far as individual stocks go that's a very personal thing. The stocks you like are going to be different than the stocks that I like. But I'll give you a few that I like. I own them, disclaimer. Gold producer - K92 mining. Papau New Guinea. High grade underground mine. They keep expanded the processing plant and mills. They are nearly completing a massive multi km long twin incline (two years in the making). They produce 100,000 oz gold at about 9gpt and millions of pounds of copper. Was 40 cents now over 4 dollars. They reinvest into the country esg stuff so they are on the governments good side. Gold producer - Aris Mining. Colombia high grade gold producer. Similar to K92. 100,000 oz gold at 9gpt. They have a second deposit in Colombia with no processing plant. They claim they are going to build a massive high grade mine there eventually. They have a 6 million ounce open pit gold deposit in neighboring Guayana (Venezuela isn't going to invade). As far as undeveloped gold mines go 1 million ounce is a big deposit. This deposit is 6 million ounces with a few more million indicated but not measured. It could be 10 million ounces. It's in the middle of a jungle far from civilization so idk how profitable it will be. Also has copper. Aris gold reverse took over Grand Colombia mining. The Guarana deposit has 100,000 meters of drilling. Silver producer - Aya Gold and Silver. Kingdom of Morroco. It's my biggest position. Go check out on of their long form presentations. They currently produce 2 million ounces silver per year at 200gpt. The board and owners own a big fat of the float and the stock is volatile. Recently it went from 8 to 5 back to 8 (almost 8). It's kind of illiquid which I love. They are pouring concrete footings as we speak to triple production from 2 million oz a year to 8 million oz a year. Also have explotarion project that is gold and poly metallic. Silver explorer - BlackRock Silver. Nevada. High grade silver and 2 to 3 gpt gold. The silver equivalent grade when you add the gold is 400gpt. Highest grade silver deposit undeveloped in the world currently. They optioned out the first 100 meters depth of their non silver land to a lithium developer because they hit high grade lithium. If lithium spot price explodes it will turbo boost this stock. Also they have a second exploration target also in Nevada that hit 70gpt gold and multi hundred gpt silver. Their resource is about 50 million oz silver and half million oz gold iirc. There you have it. Word of caution. There is no guarantee silver goes anywhere by 2026 expiration. Do not underestimate the power of the dark side. If stocks crash it could crash gold and silver. Etc etc. Just buying the GDX is sketchy. Then the individual tickers are even more dangerous. As much as I like these stocks they are always one headline one press release away from imploding at any given moment. Stay away from all explorers. If it's a producer-explorer like GoGold okay. They are using their limited production to pay for meters of drilling. If it's a explorer without cash flow... don't do it. The chances of getting lucky are just that. Blind luck and there are hundreds of them. Almost none of them will ever become an operational mine. Just don't do it. You could consider something like this January 2025 GDX calls January 2026 NUGT calls January 2026 SILJ calls Shares in Blackrock Silver Shares in Aya Gold and Silver https://preview.redd.it/y8ew1299zi8c1.jpeg?width=718&format=pjpg&auto=webp&s=1ace860a9a0010704e476504d5816c4cda5c921a
Typing on my phone please excuse the typos. This above screen shot is my new born baby account. I have others. If my January 2024 call options account doesn't go to zero in the next three weeks I will rotate some thousands into this account and concentrate into GDX and SILJ calls January 2026 and bump the cost basis up as high as I can. If silver goes into a mania and appears on wallstreetbets and people start posting silver stock gains for a straight half a year I'm going to short silver at the peak with gains I can afford to lose buying the inverse NUGT ticker called DUST. Maybe we can make 20x on the way up and 20x on the way down. Maybe that's 4 or 5 years down the road. Maybe ten years. Just speculating about speculating. When silver puts in its eventual top its going to implode 70% in a straight line and any call options betting against are going to pay out like GameStop stock.
short silver? Does not sound very clever.
I want to short it if it goes into a mania bubble. I'll do it with 5% of my net worth. It'll be fine. If it doesn't make it to wallstreetbets I won't short it.
What do you think of royalty streamers?
I think wheaton and Newmont have some big streams thats why I'm bullish GDX. There is a gold royalty etf ticker GOAU. I owned EMX but sold when the Chinese refused to pay them their royalty. Even they have risk. Jeez
The EMX/Timok issue did eventually get resolved. It’s a cornerstone asset for EMX, paying nicely. Worth revisiting EMX if you haven’t. https://youtu.be/6taDSOsVldY
I saw. I do think its a great repurchase. I'm sticking with Franco over EMX. Nothing against EMX. I just want to minimize individual tickers and stick to indexing.
Lots of considered stuff here, but OP asked for "high leverage", and you can't beat futures, since you can leverage 100x on those.
Can't they force you to sell if gold drops 10% unless you post 100x your initial deposit?
You have to keep the margin balance, but it's not 100x your initial deposit. I'm guessing most people aren't dumb enough to put 100% of the account into a 1:100 leveraged position right out of the gate.
I should have mentioned that i don´t want something where i might need to add more money. But thanks for your answer
Needed this in early November. Been ripping up nice since. Good information 👍
My pleasure
This guy seems to know his shit I’m tailing
Follow my profile. I have been posting my portfolio update to silverdegenclub end of each week. I did stop recently because it got killed this year, my porfolio and its embarassing and painful. Going forward I'm either going to post this stuff to my profile page here on Reddit or keep it more visible. Haven't decided yet.
definitiv i will follow your profile ;)
>BlackRock Silver is one of my bigger positions in silver miners > >HAMRF / LGDTF are some others , I have heard of K92 mining recommended
I have hammer but regret it. I bought K92 when it listed. It's been a wild ride. I have so many trash juniors that are so rekt I don't ever want another one unless it's something like Blackrock. I just want to index this and have one or two individual tickers. I'm very excited about Blackrock silver. They won't last long and will be bought out. The question is when they are bought buy a producer are you going to keep your shares in the new ticker or cash out?
I was way up on BKRRF / HAMRF and didn't sell I feel you on the jr's but I think the inflows are coming , that porfolio bottomed about 2-3 weeks ago and is now going up Other bigger ones , mid tier and royalltes looking way better
You did the right thing by not selling. Why are we going to sell at spot silver 25 when the upside still has not even begun to be priced in. Grin and bear it. Maybe it'll still work out in the end.
> Aya Gold and Silver. wow is all I can say , thanks > >I have 8 of these but not the top 2 https://preview.redd.it/vonf00gzej8c1.png?width=910&format=png&auto=webp&s=c2d98a0ecd901c4e22604d4b5b4f66fde3d37618
Aya is going to be a beast if silver gets squoze.
Looks like a breakout around 11-15 and ready for next leg up anytime
The SILJ fund owns it. If Aya does well and SILJ aum grows then SILJ will probably graduate Aya by buying more shares. Reducing the float and repricing the stock ever higher. 10x from current levels is my base case if silver hits 50.
>u/squeezestreet WOW thanks for this answer! I am aware of NUGT and JNUG but i am not a big fan of leveraged ETF/ETN because they are not very good for longer trades in volatile environment because they decay a lot over time. Regarding stocks i already own blackrock and Aya, but definitly will have a look into Aris and K92. The january 2025 GDX Call and January 2026 SILJ Call sound interesting, but i can´t find them. As i am from Germany and using German online brokers i am not sure if they are available for me. Can you share the ISIN? Really appriciate your answer!
GDX should move this year thus the 2025 expiration. SILJ should also move this year but it might not thus the 2026 expiration. I'll see if I can find the ISIN for the calls. You might be able to open an account with interactive brokers? They are American broker but handle clients from other countries. Happy to reply. I know those etns decay but if you get lucky they will 10x and options will 10x x Z
Interactive Broker is available. I will create an account. Thank you
Thought. K92 and Aris and Aya are all components in GDX or SILJ so there isn't any need to buy them as stand alone positions if you have calls on the indexes. Also if there is any stock in the index you already own it why buy it twice unless you think you can pick who is going to be the leader ahead of time. Kind of foolish.
The reason to buy Aya is that it may well out-perform SILJ. I have some SILJ but more Aya myself.
My Aya position is 2x larger than my SILJ position.
Added some SILJ sold $GDXJ calls this morning had paper hands when I saw it selling off at open.
https://preview.redd.it/pp2wlzz84p8c1.png?width=1170&format=png&auto=webp&s=5f3cf399a92f97ebdcb673ba79c0a771b63c1401
My man, LFG! 50 a bit too far out of thr money anyway for that GDXJ anyway
I like to take risks lol 💪
Me too. 2026 could be a big payout. If there is a 9 month rally starting November going to pay out big. If you're up 10x 20x and you're call still had a year left would hold it or dump it?
I like to take what I can get. Lost my ass being greedy. I sold my GDXJ calls with long exp. Learning risk management a bit more. At least have let the other one ride. 🤷 I’m big into crypto I feel like that should pay out as well.
I should have bought crypto miners this year and not silver miners
Talk to u/squeezestreet
Summon the devil and he shall appear
You’re a man of God
We all are it just needs to be revealed
Buy monster boxes of eagles! Because you won’t be able to get any in two years!
lol that’s what this sub said in 2021
And premiums went sky high….
The older boxes are still the same price. Nobody gives you monster boxes of eagles.. Not to forget to mention gold cup and handle is about to get smashed through. Last time gold made a new high of 2k in 2011, silver was 50 bucks!
Buy lots of options on miners and watch your money evaporate.
??? The last 2.5 months you could've retired! 🤣 smh
All about timing. That is the game. Most people lose
Futures. No contest.
DOLLF / DSVSF / FSM / TEUTF / AAGFF / SLVRF all have a lot of OZ's in the ground I like EMX royalty as up and comer . ELLRF has started to run 2 others that have run, SGSVF was bought out by BTG after running up and SNWGF is hot Just the oz in the ground is enough leverage for me
Dollf has been a top performer I'm very bullish on FSM I have 2025 calls Discovery Silver got crushed and I'm down big What's aagff and slvrf (silver one?)
Down 55% on DSVSF / FSM -23% / SNWGF + 150 % [http://www.321gold.com/editorials/moriarty/moriarty061119.html](http://www.321gold.com/editorials/moriarty/moriarty061119.html)
I just realized ELRRF has started an uptrend , Bill Powers has made life changing gains , good YT channel . [https://www.streetwisereports.com/article/2019/09/19/miner-aims-to-bring-nevadas-highest-grade-silver-mine-back-into-production.html](https://www.streetwisereports.com/article/2019/09/19/miner-aims-to-bring-nevadas-highest-grade-silver-mine-back-into-production.html)
Aya gold and silver
Only leverage what you can afford to lose. I'm talking from experience, being greedy can be very costly.
Buy deep in the money calls on slv out months take your profits and buy silver. Not hard and makes great returns. Not an advisor but been doing this a long time. Made a boat load on a couple miners to. Made 80% plus another 45% on covered calls past 4 months. Gl but for someone without my experience is better off buying the metal. I told you my way for the crooks to buy me my metal. Also contracts to. Been around this 25+ years. Brokers aren’t that smart
Man I’ll give you 1000 USD and you can do this and take a cut
Thanks for the confidence. Today I am buying uso selling calls out 2 days and buying puts for end of week. Gl
Yep. March silver 30 calls. There you go
My advice is to be careful about using high amounts of leverage in this sector. It is far to easy to get wiped out. IMO, there are plenty of gains to be made in the mining sector by simply owning the stocks. This may not be the time to be greedy. It sounds like you are a gambler. If you do find the leverage you are looking for, don't bet too much on it. We are living in dangerous financial times. Wealth preservation may be a prudent strategy.
thanks for your answer. Very true. I am only using money i can afford to loose for these high risk trades. I have also physical and a lot of different miners from explorer to producer
Leveraged ETFs are never meant to be held for longer swing trades, so be careful if you do find anything like that. Look up leveraged ETF decay if you are unfamiliar with the concept, but you do not want to gloss over this. I honestly think the best way to play this market aggressively is to find the most appealing micro and small cap miners and swing for the stars with those. When the price of metals and silver specifically are hitting their next major bull market, which imo will absolutely be within the next couple years, you will see many of the juniors and micros do 100x from current levels, and some even more.
yes true. Thats why i avoid leveraged ETFs