Hello! I hope you are enjoying the SILVER EXPLOSION! up 110% since the last comment
As I said on March 16, when SLV was at $12.00, "Pay attention!! When this reverses, it is go time."
3 days later came the reversal, and silver has been on a rocket since.
ALSO, as stated in that last update, I said "The gold/silver ratio is at blow off top levels!"
At the update it was at 117 (topped 3 days later at 129) and now sits at 75 !
I am posting now because at this point, I am scaling back my leverage plays. I played this move with call options, and an taking some profits here to buy physical silver and also have some fiat to re-enter call options on a possible pullback.
I remain very bullish long term.
(as I named this idea "Silver Explosion", I must acknowledge the recent explosion in Beirut, I will offer a few rosaries for those souls affected.) JMJ - UIOGD
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