And what’s your exit point?
I’m thinking of shorting both silver and gold. If the economy picks up they’ll both crash.
Yeah, that is bound to happen. </s>
Somewhere around $1700 spot gold and $80 spot silver will be a short term top and a hefty correction for almost a year or so then back on up to heights never imagined until some fix is finally forced on governments.
I bought what I thought I needed for any emergency for a year or two worths when gold was $550 and silver $4.50, been playing the miners ever since.
When the value of the Dow Jones Industrial Average equals the price of one troy ounce of gold. I don't know what that price will be, could be $3,000 could be $5,000 but that's where this is going.