What Did You Buy Today?

[EricL]

(08-06-2020, 09:35 AM)fenders53 Wrote:

(08-06-2020, 09:21 AM)EricL Wrote:

(08-04-2020, 11:54 AM)EricL Wrote:

(07-22-2020, 08:51 AM)EricL Wrote: Bought a little SLV in my trading account. Silver broke the $20 level recently, and with all the money printing being done around the world, I think it will continue higher.

SLV up another 4.5% today, and now up 15% since I bought.

Up another 5% today. Metals are on an absolute tear. Wonder if silver is headed to $50 like back in 2011.

Sure look like it's heading towards it.  Momo rules again.  Just be nimble and don't ride it back down if it turns on you Eric.  The wait can be decades to get back to even with no dividend.  And congrats.  My precious metals option returns are maxed out now.  Holding until expiration no longer has any reward.  I might nibble a little more SLV with a new contract but it's getting riskier from here.  The fall will be just as epic.

No worries, I don't have very much tied up in it. Was just some spare cash in the trading account from accumulated dividends that looked like they needed a home.