Reddit Posts
AYA Gold & Silver. Exotic SilverSqueeze play. 40% of the float is locked up by insiders and institutions.
Thoughts on gold and silver as a trade
A mid-Month Review: Technical Snapshots & Trade Journal so far for August 2023
GLD Trade Analysis: Are You Too Dumb To Predict Stock Prices? Me Too.
Loss Porn For All the Regards (#WeWillMakeIt)
Gold and Gold Miners are about to RIP FACES!
2023-03-27 Wrinkle Brain Plays - In the style of Hermione Granger
Precious metals miners on the move as gold touches $2,000 (NYSEARCA:GDX)
2023-03-08 Wrinkle-brain Plays (Mathematically derived options plays)
2023-03-02 Wrinkle-brain Plays (Mathematically derived options plays)
Down ~ 70k buying call options on $AG $GDX $HL and $GOLD 23 y/o
A Look At The Best & Worst From February 23 Expiration
🚨BOOMER ZONE🚨 GRAND DADDY’S ADVICE
2023-02-17 Wrinkle-brain Plays (Mathematically derived options plays)
MAJOR BULL RUN!!!: GDXU, JNUG, GDX and gold mining stocks!!!!!!
GDXU, JNUG, GDX and GOLD are still on fire and leading the market!! I'm up 95% in 3 months
The progress on inflation using pairs trades
2022-11-07 Wrinkle-brain Plays (Mathematically derived options plays)
2022-10-27 Better Tasting Crayons (Mathematically derived options plays)
2022-10-24 Better Tasting Crayons (Mathematically derived options plays)
2022-10-10 Better Tasting Crayons (Mathematically derived options plays)
Non-Boomer Portfolio Management for The Highly Regarded
Now is time to get some mining stocks and cost average down if the market tanks. Already historically low and if we do have recession/depression gold and silver historically do well. Mining stocks could 10x easy if their is a breakout in PM prices which seems to be a likely scenario
Are delta hedged short straddles on 3x ETFs more risky than on 1X ETFs?
Unsolicited Technicals post FOMC Update
Gold Is Holding Up as Stocks, Bonds, and Crypto Plunge $GLD, $GDX, $GOLD
Silver and Gold are signaling a new weekly cycle
DD Upside Call on $AU Anglogold Ashanti prior to earnings
Gold, Silver, Copper, Oil and Uranium sector and their values today
Interest rates, inflation, and where that leaves Gold and the markets.
Silver Miners still lagging the massive gains in gold & silver
$500 ~ $4800 playing AG, GDX, and GOLD
An epic Gold move has begun $GDX $GDXJ $NUGT. Today is day 1. Please hold on to the bar
Precious Metal Miners all trending lower
Discussion on precious metals - pros and cons of precious metal stocks, ETFs, and physical holdings
Bought $GDX 32 long October calls
Trying to Build Small Account With Options.
Deeper Dive into $KGC - The Canary in the Gold Mine
Waiting for the Glass Ceiling to Break
Now is not the time to be long... remember the market moves in cycles
Are we starring at another Black Swan ?
$GDX currently at the 0.618 Fibonacci retracement level in its bat harmonic. ______________________________________ // Tags: $SPX $SPY $ES $NDX $QQQ $NQ $DJI $VIX $GLD $SLV //
04/01 i said i was going to work on GDX with a proprietary options technique to “flatten the ladder”— if you held bull spreads, you’re welcome.
Gold and Silver pennystocks — 100 baggers, and the train is departing the station.
Mentions
Chill dude . Be decisive , brave, have some conviction.That's what you should be and what your wife wants to see , Time and quality are your best weapons if you have limited stock knowledge , You guys are raking in $140K after taxes . You still have milk on your lip , and 20 racks is nothing . I bought 30 shares of APPLE today because it dropped because Tim Cook is leaving . This stock will be up over the next few years . I saw VOO mentioned . That's legit until you learn to pick a few stocks and options , Long NVDA, CRWD , UBER, GDX, PLTR ,APPL.AFFM , MU,NFLX,META COF in calls and shares . .You're going to be fine .START LEARNING . The best time to start investing ? Last year and 5 minutes ago . So now , Shoot 10 g's at VOO to get your beak wet .. Go get em .
5% in IBIT, 5% in ETHA, 5% in IAU (GDX if it's a taxable account), 5% in SIVR, 15% in VXUS and 65% in VTI. Tweak it from there. That'll cover your bases since you want to be a little speculative with your crypto.
Thank you to whoever bought my GDX puts ❤️
Bro I was so freaking close to getting short XLE yesterday. Oh well, at least GDX is finally moving up.
Moves for tomorrow are: 1. Cry that I didn't get long Semis or Tech for this run. 2. Wait for GDX to go up and hope to eventually make money, chart still looks ok-ish. 3. Consider getting short XLE if it goes up a bit more, chart looks weak to me
Yeah, Rick Rule has been in mining forever, although he's retired now. He was the gold bugs hero in the 2010's. Mining stocks are very volatile since they have political & energy risks, besides just the underlying commodity. I originally bought more Barrick than actual Gold in 2020 and I would have been ahead if I waited 6 years, but the $GDX miners underperformed $GLD for like 5 years. I'm not a fan of miners. $CCJ and $VALE are a bit more stable thou.
ETFs are the way to go for sure, and then I use those same ETFs to stock pick just a few of their top positions in order to spice up my portfolio a bit. For instance, SPMO, SMH, I also hold URA, GDX, and EIS. As for individual stocks, I've got NVDA, ASML, ASTS, and some XOM
Gold is not speculative. It is conservative. Over long periods of time (20-25), gold and the S&P 500 have about the same appreciation, but move in opposite. Accordingly, many believe allocating 10% of your portfolio to gold (GLD) or gold miners (GDX) is wise diversification. Gold ETF like GLD does not pay dividends, where most S&P 500 companies do, as do most gold miners. I own EMXC (emerging markets ex China) for diversification beyond the USA. I would buy EMXC at $78 or lower and allocate up to 10% of portfolio.
The breadth point is the most underrated thing here. Oil & Gas at 100% breadth vs AI at 17% tells you everything — one is a real macro rotation, the other is 3-4 mega caps carrying a narrative. Most retail traders look at theme returns and miss this completely. The AI infra vs AI split is spot on too. Physical layer (power, cooling, data center REITs) is getting paid for signed contracts and locked capacity. The software/chip layer is still pricing in optionality that the market isn't rewarding right now. Two completely different risk profiles dressed up as the same trade. The sector ETF lens cuts through this pretty cleanly — XLE and GDX flow data has been signaling the physical asset rotation for weeks before this kind of analysis confirms it. Institutional volume doesn't lie the way price does.
yes, and adding to this, *most* gold miners are not pure gold miners. There are a few tickers to choose like newmont which is like 85%-90% revenue from gold, but many derive 50% or less from gold, even the ones with gold in the title. This is particularly true of the etfs, and this affect is even more dramatic with silver, which is nearly exclusively mined along with copper, nickel, iron, etc... It's one of the reasons that GDX and SIL don't necessarily follow jumps in the price of SGOL and SLV. Also there's a phase-lag in price response. Gold miners will do well if the price of gold is high and stays high for long enough for the miners to turn excavated ore into profit, but won't necessarily benifit from a parabolic run-up in spot price like what we saw in january.
SIL and GDX going back up
Nice 20% miner flip, and yeah TACO flashbacks + weekend risks scream caution. GDX usually dumps harder than spot on GC breakdowns like this.
Lol WSB bot sniffing new accounts, but that 20% miner flip was chef's kiss. GC cracking 2380 this week could torch GDX even more.
Reframe the statement to focus on educational content without making direct predictions. For example: 'Traders often watch the GC 2400 level as a key support, as a break below could lead to increased volatility in related assets like GDX.'
The gold thesis makes sense to me, but the reason I keep coming back to it has nothing to do with Fed rate cuts or mining tech. My read is that the structural regime is shifting underneath everything. We spent decades where efficiency was the whole game, global supply chains, just-in-time everything, capital flowing wherever it was cheapest. That era is closing. Sovereignty and security are replacing efficiency as the organizing principles. That is a generational shift, not a cycle. When that happens, real assets with supply constraints tend to reprice for years, not weeks. The options framing here is where I get nervous though. You are using short-dated leverage to express what might be a decade-long thesis. Those two things do not fit together cleanly. GDX shares, sized right, held through the noise, that I understand. Scaling in and out based on momentum is just trading dressed up as conviction. I could be wrong about the timeline, these things move slower than anyone expects until they do not.
Pretty sure for retail, you would need a covid like event. I think I remember some people talking about being able to do this in GDX during covid. Or possibly the situation with VXX a couple of years ago. But even then, its still really difficult.
I hold GLDM and GDX. Before this war, my net gain from GDX was $5000 and $3000 for GLDM. GDX is like silver, I am holding it short term to make profit, like a down payment for a car, while GLDM is long term hold and stabilizer for my portfolio. An asset and hedge against inflation and store of value. It doesn't compound, doesn't pay me dividends but it also doesn't get destroyed from the inflation. I also hold BTG, an individual gold mining profitable Canadian company. At one point I was $500 up in pure gains but now both GDX and BTG are down and I am actually down, GLDM is still holding on. I will continue to dollar cost average and by the end of the year, I am hoping they will turn around. I am only contributing up until my average cost basis reaches current share price. Once that is done, I will stop.
So strange to see GDX up 4% on a day oil is up 5%
GDX has been dancing just out of range of my close order for about 30 hours now. Pls just let me out I'm so done.
This ( not zero DTE ) GDX , SLV , USO , TQQQ Cheap etf’s high premiums for now.
Yup, bought GDX puts for a reason even though IRL I'm smaug.
GDX is going to feel so silly whenever it gets around to looking at the /GC chart.
GDX is the gold mining ETF, AEM gold mining company, RGLD gold loyalty stream company. SIL silver mining ETF, HL silver mining company, WPM silver loyalty stream company
I go the ETF route. I do the mining companies such as in GDX, SIL, COPX and URA (gold, silver, copper and uranium respectively). You could do ETFs that actually track the price like GLD and SLV. It's a matter of preference really.
Grabbed a bunch of SPY, NVDA, PLTR, GDX calls and sold puts on FLY, IREN, CIFR this week Open The Casino!
3 months should be fairly good. Long term (years is iffy). But it is up about 280% over the last 5 years. What the next 5 years will hold is never guarateed. But their management is superb in that industry, and they are constantly growing organically, and through acquisition, and increase their dividend every year. An investor friend of mine has owned XOM and reinvesed dividends for 40-50 years and he's afraid to tell me how much he has made :):):):):). (My guess +$10-15M. Personally I don't own the stock itself, but I have Yieldmax Covered Call Options on the Stock (ticker: XOMO) which have done great this year. And the Fund Ticker is up \~14% itself YTD. Those CCO funds are not for eveyone so studying and picking the stablest funds is important, but I've studied and continue to study them closely on an ongoing basis and XOMO has been one of their best ones this year with the rise in oil prices. GDXY (a GDX CCO) ""was"" also great, but got hammered with the fall off in Gold over the last 2 weeks. It's recoved quite a bit today, but I'm not in it for now. If the middle east war finally calms down and Gold reverses up again that one will pay out nice weekly dividends. But having said all this, do your homework. Good luck now.
Whatever GDX down 40% in 3 weeks lol
Bulls for GDX and GLD
Ok, just sold all my GLD and GDX for a big loss. The market may now recover.
bro GDX used to be like in the 20's its fucking skyrocketing what are you smoking
WTF going on with GDX?? Gold is dropping like stone. I thought gold is safe haven.
GDX -8% gapdown damn son
Holy fuck, GDX has lost over 17% in the last week. WTF?? Surely that shit has to recover. The dip must stop dipping right meow!
well if you're trading options you might (most likely) get fucked. if you're buying GLD or GDX you'll be ok just dont sell. keep adding if you can. every month.
Gold miners should be benchmarked against GDX, not GLD.
May be time to dump my GDX and SIL shit is just perpetually bleeding
Central banks buying gold, de-dollarization movement still at hand, fed can't raise interest rates due to debt. Gold mostly tracks with the s&p https://stockanalysis.com/stocks/compare/gld-vs-spy/. Now is a good time to pickup gold miners GDX
GLD is the worst choice here. Dollar too strong, GDX underperforms for weeks. There will be more distributions after a dead cat bounce
GDX is an etf for mostly gold miners, SILJ is an etf for mostly silver miners. I'm in both.
give me the courage to buy GDX rn...
I got XLE I hate as well lol . Bought a few put debit spreads turned them into credit spreads. Closed one today for a scratch. Two more to go. Put Debit spread strike 50P-48P jun18 paid 0.48 will start adjusting later if needed. 🤞 GDX for me is easy to handle. When rolling I adjust my strikes according to delta. While making sure I’m receiving credit. I believe the delta moves with IV. For GDX I usually trade delta 30 on the put side & delta -20 on the call side. Two to one contracts. Was trading 2-2 when IVR was over 100 . It’s been printing money. Forgot to mention the VIX it’s definitely my favorite.
solid list. I'd add XLE to that with oil vol where it is right now — better liquidity than USO for strangles and the IV term structure is steep so front month premium is fat. one thing I've noticed is GDX strangles can get tricky around FOMC dates, gold tends to gap more than the IV implies on rate decisions. do you adjust your strikes based on IVR level or just stick with a fixed delta?
It's very typical l for beginners to win. They make gut plays and don't know fear. Eventually they over extend and get crushed - also very typical. Then you either quit, establish rules for yourself and learn, or lose everything plus. Whatever you call it, trading or gambling, it's the same dopamine hit and the same risks apply. Anyway - I do find it interesting and enjoyable intellectually as it keeps me deeply engaged with the world. An example is I know way more about what's going on in Iran because I've been swing trading GDX (Gold miners) and USO (Oil) for a couple weeks after the Ford started moving to the Gulf.
The Fibonacci extension target on the weekly chart points to around $6,100/oz if the current structure holds. That said gold just gapped into resistance on Middle East news over the weekend and is forming inside bars, classically a short-term topping signal. Wouldn't be surprised to see a 5-8% pullback and consolidation before the next run. Miners via GDX are actually the more interesting trade right now, better risk/reward than chasing spot gold at these levels. Wrote a full breakdown here if useful: [https://www.wallstsmart.com/blog/oil-spike-stocks-gold-resistance-market-analysis-march-2026](https://www.wallstsmart.com/blog/oil-spike-stocks-gold-resistance-market-analysis-march-2026)
LOL, This should say oil. USO really. Hopefully you Rolled all those fall 2025 GDX gains into USO when GDX peaked around 2/9 and you'd be sitting pretty right now.
GDX has to go back up, right?
there are three ways to investing in gold. * Buy a ETF that invests in companes that mine gold. their share price moves up and down with the market value of gold. And some of these companes pay a small dividend. GDX is an example of ETF that invest in gold mines. * Buy ETF the buys gold and stores it in a vault. buying the ETF is equivalent to buying gold. Selling the ETF is equivalent to selling gold. Thes funds don'tpaya dividend.GLD is one such fund. * The last way is to use a fund that cells covered calls on the blue of gold. with funds like IGLD and IAUI you can get about 10% dividend yield from the fund payed out monthly. With these options you never actually have gold in your home or a local bank. And since you are not buying gold from local stores or selling t at local shops you you don't have a dealer markup that.
So GDX isn't even 2x its peak price from 2011 while GLD is almost 3x, yet gold miners are still getting whacked like crazy this week while gold is only down 5%. Baffling how undervalued some of these stocks are
GDX going to make a comeback from the depths of ruin?
All I know is that GDX is at a massive discount and I'm loading the fuck up
GLD is a gold bouillon etf. GDX is a gold miner etf
I learned that lesson the hard way years ago that Gold and $GDX are not the same thing. Gold can be considered a buy & hold asset, but trade & don't buy & hold the miners.
GDX -10%. Like I said yesterday, war might be OK for gold, but not for gold miners. That’s because gold miner costs will actually increase from higher energy costs, higher shipping costs, higher currency costs, higher borrowing costs. Precious Metals were up because the Fed is cutting rates into a strong economy. What would be bad for metals if there were suddenly a reason to stop cutting to prevent inflation and people need to sell their overvalued silver and gold to pay for everyday necessities, maybe something like a new war that makes gas prices go up?
I mean the entire market is pretty fucking high, not sure why anyone thought gold miners would be a hedge against that. Physical gold prices aren't the same as a gold mining stock. Just look at GDX - it's up 60% in 6 months. You think it's not going to shave off those gains if the overall market goes down?
I have no idea...but it's really destroying my portfolio today....I may be a bit heavy on the gold/gold miners, but fuck me, down 10% on GDX, 5% on buillion? this is way overdone, and should be going the other direction!
Im going to let this play out and full port GDX at 90
I'm not worried unless GDX drops to 100, then I'll panic sell, which will save everyone, your welcome
I had to sell my GDX 3/6 $107 pUt yesterday...
>Decided to go short GDX today Well I wish you the best of luck on that. Given that most gold miners are still incredibly undervalued relative to the current price of gold (GDX isn't even 2x its 2011 peak, whereas GLD is almost 3x), that's certainly not a risk I'd be willing to take on.
i nearly top ticked SLV last month during that parabolic short, made 50k. been watching this rising bear wedge on GLD for a while now. Decided to go short GDX today (starter position). The war w/ Iran kicked off over the weekend, and price action is - DXY up, BTC up, GLD... flat? hmmmm almost as if it's a sell the news event.
imo GLD/GDX looking super toppy. Given the war news I would've thought GLD would've been up anywhere from 4-6%. Now retail is going to rush into GLD and crude stocks given all these war headlines... not to much DXY finally appears to be breaking out
GLD/GDX imo is looking super toppy. Retail going to be rushing into gld w/ this war news, but imo its been priced in already
honestly the portfolio isn't bad for someone just starting out, you've got real diversification across sectors and your gold plays (GLD, GDX, SLV) have been carrying you.. the main thing i'd look at is position sizing, some of these are way too small to move the needle and a few like STLA and HDB are just quietly bleeding.
ya at this rate i'll have to roll the GDX calls i sold to next year.
Did an analysis of my port and realized that Fridays are consistently my worst days. Stopped playing indexes and started playing SLV and GDX options through the week after on that day specifically and went from down 30% YTD to up 17%.
Good for you. Not sure who you guys are following as analysts, but all the guys I am following have turned bearish on the S&P and Nasdaq weeks if not months ago, so I am not sure why people are surprised by what's happening. As for the miners, multiple confluences showing we are likely entering a sustained multi-year metal/miner phase, in particular the miners/spot ratios and the S&P/metal ratios. The GDX/XAUSD ratio is now a confimed breakout. The XAU/XAUUSD shows a potential 3x upside vs **the spot**. Imagine what that means if the spot keeps rising as it's doing now...
I agree with your sentiment. Earnings threw the kitchen sink and people were quick to judge. In reality, higher gold prices directly mean higher royalties = higher AISC. B2gold has a lot going for them this year, but it is entirely contingent on the gold price. Crazy how GDX/GDXJ have been moving the same as GLD, likely indicating that investors aren't confident the gold rally continues. Management credibility also took a hit due to higher AISC from stripping and Goose ramp, so the supposed "2026 will be our year" has now turned to 2027. Yes the prepay ends in June, but will the price of gold maintain its levels by then? Same with the ramp up in production with Goose. Would obviously be terrible to have insane CAPEX with Goose and them never fully produce at these high gold prices if gold crashes/corrects. Also, there's the uncertainty with the regional permit. People hate uncertainty more than bad news. What I do know is that everyone wants to buy the bottom, but not everyone wants to emotionally commit at the bottom. If no one wants to buy BTG, hopefully management picks up the slack and does it themselves. IMO this gold rally is just starting. DXY still relatively strong, short term rates still elevated.
We going all in on GDX calls? I’m sitting on GDX 02/27/2026 113.00 C and riding until close. Might get more calls for late next week. Good idea?
GDXJ or just GDX?
Imagine buying SaaS garbage when you could just buy GDX instead of
GDX, SNDK, and EWY are serious $ makers. Ya’ll have better momentum plays with solid narrative behind it? I don’t think so.
Check out spdrs to diversify within the market for low fees, XLE, XLU, XLI, XLB etc. Find the unloved sectors and they'll shine again one day. I like MLPs better than REITS for income. For natural gas, EPD and ET have done well lately. I also own small positions in short volatility etfs like SVOL that have done well in certain markets, but might not buy them today, they just keep dripping. Some of the aforementioned distributions are capital gains instead of dividends. Different for tax purposes, i think lowering your cost basis so instead of paying taxes on the payouts, you just lower your cost basis for when you sell. Honestly not sure and I'm not really qualified to be discussing that. It's all ROTH so doesn't matter to me. I own some GDX and GLD and some leveraged precious metals ETFs that pay dividends but have higher fees. Look into equal/ historical weight SP500 ETFs if you want broader exposure with reduced tech volatility. That's my current recipe for diversification, but I've got several new ideas from others in this thread to get excited about, so thank you to all who have posted! Hope it helps, and as always, do your own research before allocating.
Here is the Issue here, Someone says "Physical Gold/Silver" 50% of people think Gold/Silver Coins/Bars Nuggets, etc... The other 50% think ETFs- GLD/SLV/SIVR/IAU/IGLN, etc... instead of ones that track Gold Miners GDX/GDXJ, etc.. and other forms. So with all that said, I say you should try Apmex or JMbullion and see if they will cut an American Eagle $50 coin in 2/3 and sell you. Then you will have \~$3,500 of 'REAL' Physical Gold in the actual Palm of your hand...
Dawg what is going on with GDX? When GLD was at $464 before the SCOTUS ruling, GDX was at $105. Now GLD is back to $464 and GDX can't break $103.50.
Theta gang my long GDX positions.
They guided lower extraction rate for their next quarter Tbh just buy GDX. The ETF has equal performed or outperformed all of the bog miners at every turn and you don'f have to worry about one of them having a bad day and tanking your holdings.
bull spreads, RTX, XOM, SLB, GDX bear spreads AAL calls VIX my hedge on an attack on IRAN
I am about half stocks, half real estate, currently two investment properties in Mexico on AirBNB plus my home in Las Vegas. If you want to own gold, look at the ETFs GLD (gold futures) and GDX (gold miners).
Silver and golds pop now dropping time to short buy ZSL JDST PUTS ON GOLD AND SILVER MINERS GDX GDXJ
Should I flip my Friday expiry GDX calls in SPY 0DTE puts? Need +7% on GDX to breakeven, think we might dump into close today. First yes/no response will be my play
My call options are in Ford, COPX, URA, BTU, GDX, and SIL. Buy LEAPS of each and then get a fuckin job because even if they triple that's still only $1500
if I'm a long term investor in gold miners, should I be only going into GDXJ instead of GDX?
uhhhh dont do that. just buy shares of GDX, GDXJ, and GLD. hold it for 5 years, keep adding. you'll thank me.
Calls on GLD and GDX are the only things in this market I have absolute conviction on, just wait until earnings reports for the gold miners and their massive profits from updated gold prices start flying in
I feel good about my 2/20 GDX 105Cs
Semicap, photonics, optics, memory, semis all mooning. South Korea ETF (nearly half of which is SK Hynix and Samsung) +28% YTD. Massive amounts of money is being spent on AI but this sub remains oddly loyal to mega cap tech (the spenders) rather than focusing on where they're spending. "we saw the end of the Silver/Gold craziness etc." The GDX is still up 23% YTD vs the SPY +1.3% and MAGS -3.3% COPP +20% YTD, SETM +21% YTD, LITP +6% ytd, URNM +19% ytd Names like GEV +21% ytd. Even the XLE is +20% YTD.
I have a GDX put with the same exp date if that makes you feel better.
GDX be pissing me off sometimes. GLD goes down 0.1% so you go down 0.7%?? Especially when Agnico Eagle's ER is tomorrow and they're like 9% of that index.