drbubb 0 Report post Posted January 2, 2020 SOLD half the remaining SLV shares acquired on the Low of the year thru an Option exercise Still have a large net position, thru shares and $15 and $15.50 calls This is money management. I am thinking it may be better to realize big cash than just sell Calls here Share this post Link to post Share on other sites
drbubb 0 Report post Posted January 16, 2020 Another way to play Silver? THE GAP to SLV become so large, that Fresnillo shares looked irresistable FRES.L vs- SLV/ Silver ... 2yr : == Share this post Link to post Share on other sites
drbubb 0 Report post Posted February 29, 2020 MIND the CYCLE ... in SILVER SLV is the etf for Silver (which closed at $16.46) / $15.53 = 106% -> about $1.00 difference Anyone see a cycle here? (haha) == Share this post Link to post Share on other sites
drbubb 0 Report post Posted March 2, 2020 MIND THE GAPS ! I will show you one of my favorite gaps right now - and then explain it... First, I need to SET THE TABLE... As you might expect, there is a high degree of correlation between GLD (gold), & TLT (bonds). And even more with LTPZ (Tip Bonds). It is clear in this chart GLD -vs: TLT, LTPZ ... update : $140, -5.00, -3.65%, vs: $140 - 0.0%, $100 - 0.0% Notice that... on Friday, there was a BIG DROP (-3.65%) in GOLD, but not in TLT or LTPZ. this is unusual. and the GAP you see there may be telling us something important. The drop in GLD may be temporary, &/or bond prices maybe be set to drop Q: Perhaps bond prices are finalizing their rise which will lead to a top that won't be revisited for some time to come Sure it could go either way... or maybe the GAP will not fade. Let me tell you how I will play this "narrowing", ie my expectation that the Ratio of GLD-to-LTPZ will narrow Q: Will you go long GLD short LTPZ outright or via options? Valid ideas, (though LTPZ is much less liquid than GLD or TLT.) But I will do something else... SILVER! Or actually, SLV, which is the etf for Silver. I have added it to the chart / update: SLV & GLD, vs: TLT & LTPZ In fact, on Friday near the NY close, I bought $15 Calls on SLV: End-Mar. expiry at $0,77, and Mid-April at $0.91. These are in-the-money Calls with a strike price below the Friday close of $15.53 Previously, back in mid-Dec., : I bought SLV Jan. $15.50 Calls at $0.48 A few weeks later, in three trades, I sold them at an average of $1.59 - for a 231% gain (This is recorded in Real-time comments on my 2020 Tips thread😞 Share this post Link to post Share on other sites
drbubb 0 Report post Posted March 5, 2020 Gold & Silver still looking good, after last week's selloff GOLD to SILVER ratio recently hit a Record High of 100x. I still like silver Supported by rising Bonds (TLT), and TIP Bonds (LTPZ) GLD vs.: SLV, / TLT, & LTPZ ... from 10.May.2020 : $154.16, TLT:$154.67 / SLV:$16.09, LTPZ: $80.67 SLV to-GLD ratio got down to just 10.20%. Bounce or rally may be underway Gold -toSilver ratio: At 95.27x , which is still very high GLD -toTLT ratio : 99.67% / For many months, has been swinging a little either side of 100% Ratio SLV -toLTPZ ratio: 20% : down to a Low below 20% - Note the Cycle === Share this post Link to post Share on other sites
drbubb 0 Report post Posted March 8, 2020 ZEROING in on Silver... SLV... 10yr-L: 5yr: 2yr: 1yr: 6mo: 10d / Last: $16.18 -0.12 > 10.27% of GLD ($157.55 +0.06) 5yr: 2yr: 1yr: 6mo: 10d / Last: $16.18 10d / Last: $16.18 -0.12 > 10.27% of GLD ($157.55 +0.06) == Share this post Link to post Share on other sites
drbubb 0 Report post Posted March 16, 2020 On 3/14/2020 at 7:26 AM, drbubb said: The drop is Gold & Silver stocks friday was one of the sharpest falls I have ever seen SIL vs GDX ... All Data -W: D : SIL, Silver Miners Etf : $18.61 -3.84 -17.10% vs YrH: $33.75: -44.9% GDX, Gold Miners Etf: $19.00 -3.31 -14.84% vs YrH: $31.84: -40.3% Gdxj, Jr Gold Miners : $22.17 -2.50 -10.13% vs YrH: $46.42: -52.2%GLD, SPRD Gold Etf : 143.28 -4.51 - 3.05% vs YrH: 159.17: -10.0% SLV, Silver Trust Etf : $13.69 -0.93 - 6.36% vs YrH: $18.35: -25.4% === Notice the difference ! haha / Silver stocks now UP on the day! / 20.1359 Change:+1.5259 Low of Day: $16. We saw in minutes & hours, moves that sometime look years in the past SIL-etc .... update == Share this post Link to post Share on other sites
drbubb 0 Report post Posted April 8, 2020 Let's see if the Gold-toSilver ratio continues to contract Share this post Link to post Share on other sites
drbubb 0 Report post Posted May 3, 2020 Gold still moving with Bonds. SLV showed a big lag, & may be starting catch-up move. Watching the SOXX to SLV ratio GLD vs: TLT, LTPZ ... update GLD vs SLV : fr. mid-march : reverse / $159.78 / $13.92= r11.48 / Gold vs Silver ($1700.9 / 14.94= Ratio: 113.86) fr. mid-march : Reverse: vs.Favs / $159.78 / $13.92 SOXX to SLV ratio @ 16.06 == Share this post Link to post Share on other sites
jerpy 0 Report post Posted May 3, 2020 The G.S.R surely can’t stick out anywhere above an hundred for much longer. Few years back I remember some arguing 15-1 and other suggested 30 more realistic 😳 Share this post Link to post Share on other sites
drbubb 0 Report post Posted June 2, 2020 Hmm. Seems those calling for 30x or 15x ... should have said: 100X first Share this post Link to post Share on other sites
drbubb 0 Report post Posted September 18, 2020 SILVER vs Silver shares Junior Silver shares (like Aftermath & Defiance) run with "the fast boy" AGQ, 3x Bull etf on Silver AAG.v & DEF.v vs. AGQ ($58.31) ... YTD: 2yr: 1yr: 10d/ AAG.v: C$0.88 (1.51% Agq), DEF.v: $0.61 (1.05% Agq), Ratio: AAG.v (C$0.88) to AGQ ($58.31): AAG.v: 1.51% Ratio: DEF.v (C$0.61) to AGQ ($58.31): DEF.v: 1.05% == Share this post Link to post Share on other sites
