That said, my good buddy Mike Ballinger posted this on Twitter yesterday=
Re-entering the GLD calls: Initiating 50% position in the GLD May USD $160 calls @ $2.85 Target: USD $7.50 by May 20th.
GLD right back to USD $155 now – pretty easy call yesterday with a 93% DSI…now the hard work begins to find the re-entry level.
GLD right back to USD $155 now – pretty easy call yesterday with a 93% DSI…now the hard work begins to find the re-entry level. https://twitter.com/MiningJunkie/status/1231927928679813120
Correction: GLD to open $158 bid with the March $150 calls at $8.00 for a 370% advance in 20 days. RSI for April gold futures is at 83 and rising with silver still lagging. https://twitter.com/MiningJunkie/status/1231599279715864576
Feb 26=Advice given to all subscribers last Saturday: “Physical Gold: “…I am going to await the first multi-dollar pullback to acquire this position. BUY @ $1,615” (only $22 below now versus $77 three days ago. Thank you bullion banks!)