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jforet6112
Jul 3, 2022 11:49 PM

Possible short on further fed funds hikes down to $5 Short

First Majestic Silver Corp.NYSE

Description

I expect more downside in miners if perceived hawkishness from the fed is maintained. Soon though, they'll cave and sacrifice the dollar to do what they think will save the markets, which will lead to an explosion in precious metals. These miners will be the ultimate levered trade on the coming fed pivot so be ready to reverse to long.
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