Sprott Physical Gold and Silver Trust CEF

WorkaholicTan

TA Practice

prod1

I own a long term position in CEF of 10% which I plan to add to. Looking for CEF to pullback in a possible scenario where equities sell off hard over the next month and a new high in the VIX. If CEF sells off along with equities in that scenario, that will be an extremely bullish setup for CEF and I plan to at least double my CEF position. Lining up current...

guidoamm

To me it looks like the precious metals may have some more work to do to the down side in the medium term (12/18 months?) The overall trend is still up (blue line)

KeyTrade

The pivot month is this March. Watch for BO

IvanLabrie

Same setup as XAUUSD, see related ideas. This one's specially good for people trading equities. Good luck, Ivan Labrie.

IvanLabrie

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...

IvanLabrie

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. Good luck! Ivan Labrie.

RadVladdy

PM bull market is strengthening. Head and shoulders breakout. Cup and handle formation. Short term getting a little too exciting. Probably short to intermediate term pullback.