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IvanLabrie
Oct 9, 2016 6:43 PM

CEF: Options expiration support held Long

Sprott Physical Gold and Silver TrustArca

Description

Go long on a breakouf of Friday's high, stop at Friday's low minus 1 tick.
If we break above 13.73, we could see long term uptrend continuation.

CEF is a good addition to your portfolio, you can read more about it here: centralfund.com/
It's a closed-end fund, which offers a good alternative for low-cost investment ownership of gold and silver bullion.
CEF is 31.13% up, YTD, and 6.53% up relative to S&P500, YTD.
I'd favor it over GLD and SLV.

Good luck,

Ivan Labrie.

Trade closed manually

Closing at market open.

Comment

Well, that would have worked.
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