buy some March SLV $16 cals for $23 each…[I’d prefer the gold calls but the price differential obliges me to go for silver–not saying I’m gonna buy, though…]
with the idea in mind that u had no PM exposure but wanted some for the next 2 weeks at least…..expecting a possible emergency 50bp rate cut by the FED and other such stimulative measures ’round the world…and taking into account the $ index down .577 and rates at historic lows and maybe zero bound…
LOOK! LOOK! The HUI has already been swatted –still up but off its high…