I think it's safe to assume Silver is ready to surge again. We can enter longs here, the stop is tight, so risk a small amount. I am risking 0.25% only on it.
I'll also buy a $CEF position today.
Best of luck,
This is how my equity portfolio looks on the long side -plus a stake in $RVLT-. I also have shorts in $NVDA and $NFLX, which -if we consider that $CEF and $TLT are pretty much like shorting the market-makes my portfolio 51% long, 1% in cash and the rest 'short'.
I'll hold this for the time being, watching the developments here onwards.
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: www.centralfund.com
It's a closed-end fund, which offers a good alternative for low-cost investment ownership of gold and silver...
We're already long here with a very tight stop. I'm looking to add next week if we make a new weekly high, there's a considerable chance that this stock launches into a strong thrust to the upside from here, so try to take a small position initially at least.