Silver Is On A Tear Today

hey guys I found a new investment that is guaranteed to make us all Happy! Get your Funds ready, Ducks in a row, It rolls out in 3 days, If you are wondering its not as pricey as a ounce of silver, Do I have your attention ?
Girl Scout cookie season opens on Friday and this year there is a new cookie. It's called 'Exploremores'.

 

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Up 10% this morning

 

$91 and change at this moment.

Glad I bought a 1toz Maple Leaf yesterday for $90.

 

https://www.facebook.com/reel/906568951946165
For your Buying Pleasure!

 

An hour ago Kitco had it over $90, now, an hour later it’s just over $87. At least it’s holding in the mid eighties but I sure wish it would break into the nineties and stay there. At least for a week before going over that three figure mark.

 

Can we buy Options on that cookie rollout to bet on whether demand outstrips supply ?

I have some Silver options I can leverage to get Cookie Options.

 

Definitely not disappointed in this position, at the moment.

Up 10% in 3½ trading days. The ½ day comes into play because I bought in on the first acquisition mid day Friday last week.

I still like the core fundamentals of silver, big time. I'm very similar to @Collecting Nut's bullish stance.

Rock on SLV, and silver

 

And with good reasons. Silver will go back up in price, higher than before but the panic needs to leave people first. And the industrial sector needs to kick in, which it will. It just takes time.

 

Agreed, but the fundamentals are much deeper than just industrial. I'm incredibly confident the next run up will blow past the last $120 peak.

I can easily go into specifics, but the thought of typing out all the various contributing factors is just too voluminous. I've been following the underlying reasons for this incredible run up, and there is zero cause for concern, in my opinion. Last Fridays -32% debacle was the brief window I was looking for. I liked the $74 entry point. The window remained open and the additional drop to $69 on Monday was a no brainer, for me. Considering I like the underlying fundamentals, and I liked the $74 price point, there was no reason not to like the $69 price point as well.

To paraphrase my good friend Warren Buffett, 'when everyone is happy and content, you should worry. When everyone is scared, buy buy buy'.

His actual quote was, "You try to be greedy when others are fearful. And you try to be fearful when others are greedy".
- Warren Buffett

I've been successful with this strategy for quite some time now. Good luck y'all.

 

Sage insight! And I don't even like Buffet, for reasons that can't be discussed here.

 

Who let the air out?

Who? Who? Who? Who? Who?

 

I didn’t feel like typing it all in either. And yes, I feel $120 is just a number that will come and go very fast.

 

It's still over two times higher than it was month ago. Some other people were calling it a crash!!! I don't really call that a crash. But that's just me . 78.82