Loading ...Exactly — we better back up the truck no?
But because we’re such greedy bastards and master market timers, we won’t actually buy any silver bullion or anything as unsophisticated as that.
F no…we’ll buy the SLV calls. Heck there’s only about 1.2 million contracts out now with an open interest put / call ratio of .3 (three times calls against puts)…and you know what they say…the fact there are more call buyers… this means big and smart investors (hedge funds, etc) must know something…it doesn’t mean they are morons for losing big money over the past seven years under the same sentiment conditions.
Yup…back up the truck…load the boat with them SLV calls…it’s a sure thing.
Chuckle