We covered our SHORT TRADE on First Majestic due to the volatility in after-market trading. Due to the high short position against First Majestic, the games will be played. None of the other silver miners are moving like this after hours. Due to the nature of the volatility, we covered at $14.65…
While some of the top five shale oil producers have seen a rebound in oil production since the pandemic shutdowns in early 2020, other companies have experienced massive declines. One of the largest shale oil producers has seen its production decline 30% in just six months!! What we are witnessing…
We are announcing a TRADE TRIGGER SHORT trade for First Majestic, ticker AG. In our Freeport-McMoRan update on Saturday, we mentioned that we were looking at First Majestic as a possible Short Trade. However, due to First Majestic’s volatile nature, we took the trade but didn’t send out the TRIGGER…
Something BIG just happened in the U.S. Mint Gold Eagle Market this month. Not only have Gold Eagle sales in the first three weeks of January surpassed last year’s total by a factor of three, but it’s also the highest figure since the 2008-2009 Financial Crisis. While Silver Eagle sales have been the…
When a Bubble gets bigger and bigger, the wall of the bubble becomes thinner and thinner. At some point, the bubble finally pops, and all the fun is over. The broader markets today represent that bubble. However, the investors that are making the bubble larger and weaker don’t realize they…
This is a Trade Update for Freeport McMoRan for Gold Members. In this update, we will provide some technical indicators and levels showing our price targets for exiting our Freeport-McMoRan trade. When we set up the trade, we knew how much we were going to risk in order to achieve our reward…