Reddit Posts
AYA Gold & Silver. Exotic SilverSqueeze play. 40% of the float is locked up by insiders and institutions.
Silver miners have been decimated the past 2 years. It's finally time to go long
Gold and silver miners are squeezed and are about burst to the upside
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
They are devaluing our purchasing power through inflation and creation of FIAT out of thin air. Every Fiat since the beginning of time has collapsed. Only a matter of time before USD and western global monetary system along with it follows suit. It’s all a big debt bubble Ponzi scheme waiting to 💥
The hiking cycle is almost over, why the fed is full of shit
Interest rates, inflation, and where that leaves Gold and the markets.
If you thought the nickel price 🚀 was impressive last week wait until you see silver coming up! the most suppressed/ concentrated naked short commodity of all time! Get your PM mining stocks and get ready for lambo season bitches
Silver Miners still lagging the massive gains in gold & silver
Today is Day 1 for the Silver move. All aboard the Silver Bullet
[MINING THREAD] What are some of the best precious/industrial metal pennystock buys rn? Set me straight fellas
Some feedback on silver and uranium investments please.
If you want a crypto alternative, high beta play, $SILJ is a silver miners etf that « could » make a run towards $70 over the next 12 months. Silver and silver miners are shaping up bullishly. Of course, drink responsibility.
Waiting for the Glass Ceiling to Break
Jan 2022 SILJ CALLS (YOLO!) I've been buying the past 3 months.
Unusual futures activity is incredibly bullish for the metal, the rocket boosters are firing, get on or watch it leave
Gold and Silver pennystocks — 100 baggers, and the train is departing the station.
Smoke alarms are ringing in the silver market, another generational bull market has begun - The ultimate silver DD. $PSLV $SILJ
Incoming! HUGE, I mean MASSIVE opportunity in silver miners in the making. $AG $ HL $PAAS $CDE $FSM $SILJ
STRAIGHT FROM $SIVR PROSPECTUS: Buying silver harms hedge funds and large banks! 🤣
STRAIGHT FROM $SIVR PROSPECTUS: Buying silver harms hedge funds and large banks! 🤣
GET OUT OF $SLV NOW IF YOU ARE LONG SILVER !
There is officially a silver shortage, and silver miners ($AG and $SILJ) are going to triple by May. This isn't a squeeze - it's a bank run.
Mentions
SILJ Calls are probably about to print really hard. Maybe even if SPY dumps here.
You think SILJ will surpass the all time high?
A couple numbers: 1. Silver price was about $28 in 2021. SILJ (Silver Junior Miners ETF) was about $17. 2. Right now, silver is about $85, and SILJ is below $35. Conclusion: Silver miners are still incredibly undervalued compared to the spot price of silver, and the repricing will soon be explosive. Believe it or not, calls on miners
A couple numbers: 1. Silver price was about $28 in 2021. SILJ (Silver Juniors ETF) was about $17. 2. Right now, silver is about $85, and SILJ is still only $35. Conclusion: We're still so fucking early. Long on miners boys
Both. SILJ has most the silver miners I'm interested in. Gold there's CGM for Canadian hold miners. Also have concentrated positions on Barrick and first majestic. And taking a small bet on VZLA which was down due to cartel issues....
Mining stocks, or SILJ
I put money into SCHY SCHF BRKB SILJ and some gold miners But I'm not a real investor, so I don't have super specific reasons for choosing these funds over others. Though happy to share why I looked at them in the first place
These. Mothah. Fuckahs. *Right* as I open a leap on SILJ. 100% my fault. I still have a ton of physical in my possession but god damn these slimy bitches.
The correct silver plays below: Highest risk: Long silver miners. (Individual - PAAS or AG - Or just ETF it SILJ) Playing volatility: Long silver miners, short paper. (Long SILJ, Short SLV. I'd long miners now, wait for paper to run a bit more) Safest long term: Buy physical for under the mattress. Smartest play: Grab popcorn and watch the shitshow that's about to unfold.
Just need to juice up my own retirement. Silver is doing it, calls on SILJ, etc. Watch what happens to silver price one week from now. COMEX can't make March deliveries
That’s what I do. SILJ or SLVR.
go big on PAAS and add SILJ too big returns
Life savings 100 calls SILJ pls let it rip
Fr. Looking at you Kratos & SILJ
None of these boats have sailed yet. Rotation barely started. Just look at the historical price of gold and silver miners during previous bull rallies. SILJ/SLV ratio at all times low. Look at what emergent markets and small caps historically do when US large caps go sideways or down.
SVM is currently earning like 5 ounces of profit today that they earned for 1 ounce of profit a year ago. that's fucking nuts lmao. SIL/SILJ are so cheap it's practically unbelievable
Might buy some more SILJ
Lots of people in here not understanding the difference between paper and physical silver... Along with eligible silver vs. registered silver and the fuckery that goes on there. The house always wins... Remember that kiddos. COMEX is going to be fucked with how much physical they're on the hook for on paper which means they'll be passing that fucking on via margin requirement fuckery and if that doesn't work they'll just cook everyone by turning off the buy button. Remember the gamestore saga? They used to get away with it because hardly anyone would take delivery. Now **98%** are taking delivery. The normal lease rate is like 0.3% - 0.5% and is currently something like 8% which is crazy. \~25x *increase* lmao. The current open interest is somewhere in the 400-500 million ounce neighborhood with 103 million ounces of registered (available) on hand... \~800k+ ounces leaving the vault *per day.* Last January the Gods took delivery on just under 7 million ounces, this January is was fucking 50 million ounces. Gyna already labeled it "strategic" which means... things. Something something they ain't exporting shit or extremely restricting it. Shits going to break. They might find a way to kick the can down the road rolling contracts, maybe? Has to be sorted by March and if they survive then May is where the party starts. Physical silver has real use all over the place... Electronics, data centers, AI everything, solar everything, everything everything... So the big boys out there (industrials) are actually taking delivery in huge amounts because they see the physical supply shortage and know they actually need it. Miners are all like, sure bro, we'll get it out of the ground but can't deliver for a year or years... Will paper and physical decouple in price? Probably. Idk, the hell do I know? I just don't see how it doesn't given the demand for physical with the amount of paper IOU's out there. If you're playing silver make sure you understand if you're in something that is paper or physical. If I was smart and had a sack (lacking both) I'd go long miners (SILJ) with leaps and/or grab some AGQ shares to feel something again, and then short SLV with something like 40P's for next Jan. One side will probably lose but the winning side should win bigly and there is a small chance both sides of the play win bigly if price decouples drastically. I don't see how both sides lose. I don't think that would be possible. Which means they'll both lose. My actual position today - I own physical. Elon can have it for a trillion, bitch. **TL:DR - There will be fuckery. Soon. COMEX will either have to resort to cash settlements, change the rules entirely (raise margins, impose limits/turn off the buy button) and/or paper and physical price is going to dislocate entirely which will probably fuck paper holders and reward physical.**
Calls on SILJ, this dentist is using silver fillings - which benefits the silver mining sector highly.
I would never advocate dumping a significant amount of money (and $50,000 IS significant - don't lose sight of that, it's a lot of money for a young adult) into ONE thing. Would I put some of that money into silver? Yes. More specifically - if you feel late to the silver run-up and want some torque to rising silver prices - do some due diligence on Silver Miner ETFs like SIL and SILJ. These ETFs own a basket of silver mining companies, many of which will report Q4 earnings in the next weeks/month. Miners are attractive to me because their costs to mine are fixed and rising prices with the velocity we've seen in the underlying commodities (many of these mine for gold, copper and other metals - silver is largely a by-product metal) goose profits and earnings. So if prices stabilize in here at $90ish or trade sideways for a while (very healthy) you could see the miners jump on their earnings reports. I own both personally and have been a PM investor on and off for 25+ years. But I would NEVER allocate all my money into this space and would cap that allocation at 10% max. And even that is too high for most, but I have conviction. Please do your own research and know this isn't professional advice or a solicitation, just an idea or two to kick around if you want exposure to silver and feel like you missed out on the greatest bull run the metal has ever seen.
$SILJ has almost the same holdings as $SIL You're better off to research each companies' debt, reserves and AISC to invest in a small basket of companies with higher torque potential. In silver I have $CDE $AG $EXK $SVO and $AYA (plus gold and platinum miners)
Honestly I have a hard time recommending individual tickers despite buying and holding plenty of them. Take a look at ETFs like URNJ/COPJ/SILJ to keep it simple! For me I'm stupid bullish on nuclear energy making a comeback someday, so for uranium I hold basically all the ETFs as well as all the individual miners lol. I only recently got into copper and _only_ holding the ETFs has been good to me so far
Thank you. All physical - paper moves don’t shake me loose. Hoping for more of a drop Monday before I pile into SILJ. Physical shortage is real, these temporary paper games can’t change that.
Glad for you having some time on that. I was looking at SILJ puts tonight after making and seeing some posts on that in here, and having traded it many times before. The prices are horrible either way, and I am looking at finding some better deals on individual junior miners, and some exploration-stage companies in particular. If you trade in this space; I’d love some ideas.
I opened 6 SILJ 21 AUG 26 40Cs on Wednesday for $8.30/contract. Unfortunate timing with the price of silver dramatically getting slashed but not totally unexpected. It’ll go back up. The underlying thesis for gold and silver/precious metals hasn’t changed.
Better know what SLV is before fooling with it. It has absolutely zero to do with physical silver, is heavily manipulated and on, and on….. A good tip if you think the runup is overblown? Take a put on something like SILJ, which is a basket of junior miners. Historically it drops 3x-5x as hard as the underlying metal when that metal has a significant price decrease. Good way to find some leverage without going full ape….
Doing just fine and loading up on SILJ at a discount. $200 by April.
Stop guessing about the "Narrative." I pulled the actual CME Delivery Notices for Friday, and the smoking gun is right there in black and white. Everyone is crying about the Fed nominee or margin hikes, but the data shows this was a calculated Liquidation Flush by the banks. 1. Silver Was a Targeted Hit (The Flush) Look at the Daily Delivery Notices for Jan 30. • Total Silver Contracts Issued: 633. • Who Issued Them: JP Morgan Securities (Customer Account) issued 100% of them. • Translation: This wasn't "market sentiment." This was a single massive whale (JPM client) dumping their entire physical inventory at once to break the price. They flushed the order book on purpose to trigger your stop losses. 2. The "Smart Money" Bought the Gold Dip (The Tell) While you regards were panic-selling Gold at $4,700, the banks were backing up the truck. • Total Gold Contracts Stopped (Bought): ~7,000. • Who Bought Them: Citigroup (House Account) "Stopped" (took delivery of) 3,050 contracts. • Translation: Citigroup's proprietary trading desk just absorbed 43% of the entire daily delivery volume during the crash. TL;DR: They used a JPM whale to flush the price of Silver down so Citigroup could load up on cheap physical Gold. The fundamentals haven't changed; this was a transfer of wealth from weak hands (retail) to strong hands (Citi House). Positions: Long USAS, Long SILJ. Thank you, Citi, for the discount. 🚀
Proud of you now turn em into SILJ shares
SILJ/SLV ratio up 18% today. Miners didn't fall nearly as much as the metal. Somebody was buying them discretely while dumping silver paper futures.
Just bought some SLV and SILJ calls
Now is the time to buy SILJ
mainly metals calls (GLD and SLV and PALL) and GDX / SILJ miners. Entered most of them in the last 2-3 weeks so these are actually down below my cost basis by like net 40k loss from what I pulled out of my "boring" index funds. Going to go back to index most likely for now...
Anybody see that candle on SILJ???
SILJ/SLV ratio at all times low. Which means that silver miners have never been that cheap compared to the metal, ever. Silver miners are the most compelling buy of your lifetime. Highest net margin industry by far at the moment. Buy now, or FOMO too late [https://x.com/GaryBohm5/status/2016885704614113572?s=20](https://x.com/GaryBohm5/status/2016885704614113572?s=20)
hanging on for dear life on GLD, SLV, SILJ, PLTM, PPLT 💀
I don’t think the miners are factoring in the new spot prices completely. It’s literally exponential gains. But I’m a dumbass. I’ll still play some GLD swings but started buying GDX GDXJ. Surprisingly GDXJ has a lot of overlap with SILJ and has some good silver miners.
I had a look at your history, you have some beautiful stuff:D Since you are the silver expert, can I ask you if you are invested right now in equities that have to do with silver? For example the ETFs SLV, PSLV, SIL, SILJ or individual companies? I watched this video featuring Rick Rule [https://www.youtube.com/watch?v=RVacfj1eDYU](https://www.youtube.com/watch?v=RVacfj1eDYU) and he's saying that there is a lag in the stock prices of major (not junior) silver miners because silver moved up a lot very recently and this wasn't priced in, example Pan American Silver production guidance for 2026 mentioning $70/oz as average silver price [https://panamericansilver.com/news/pan-american-silver-achieves-2025-production-guidance-and-provides-guidance-for-2026/](https://panamericansilver.com/news/pan-american-silver-achieves-2025-production-guidance-and-provides-guidance-for-2026/) . GDX is +200% in a year compared to GLD's +93%. On the other hand SIL is up +249% compared to SLV's 284%. My logical conclusion is that the big silver miners will crush their earnings that are coming in the following weeks and raise guidance, does this seem too obvious? Even in a bad case where silver falls to $70/oz, earnings will go up a lot, and if silver stays above $100 which seems an average case at the moment, it's another +100% in earnings. Do you see a good play here for 2026? I bought 100 shares of Pan American Silver at a high price of $67.70 during the overnight session 1-2 days ago and I am +60% on South32 since October. I don't have cash to buy unless I sell something else so I was thinking about selling aggressive puts for earnings of American companies like Wheaton, Hecla Mining, Endeavour etc. one company at a time, I close one then after I open the next one. Or I could just sell SIL puts. Any other strategies you would consider?
Well first you need some kind of rock solid directional conviction, otherwise you're just pissing in the wind For example, during the COVID era you could have looked at all the money printing and thought "well shit the tech stocks are about to get bid the fuck up" Or, right now gold, silver, and the miners have some real robust tailwinds, I've been betting on em the whole way up Once you have that it's really as simple as finding options with the best value you can. YOU NEED TO UNDERSTAND HOW IV WORKS Generally I wouldn't buy calls on gold and silver with IV so high but because they are moving SOOOO fucking much there's actually some pretty decent value available if you're careful. Really with IV's so high the smartest move is to sell puts instead of buy calls, I've been selling IAU puts. Too chicken to sell SLV calls in case that bitch drops hard and I get assigned and become a bag holder. Selling SILJ puts has also been good Yesterday I bought a shit ton of calls on GLD with deltas around 0.3, I find this has been a pretty good target for a favorable risk reward Also, I might just be coping and all that could b BS and I'm just lucky. Honestly I don't know, but hey, it's working
I don't know anything about the sector which is why I decided on SIL over SILJ. I figured the bigger / more established players were a "safer" bet. They're very similar returns tho. SIL - 240% 1yr SILJ - 260% 1yr
SILJ, same as SIL but just more volatile. i see they have more growth potential... probably.
For the silver trade people. Look at look at PSLV? SIL and SILJ? PSLV is illiquid and trading at 10% discount (ask AI for better explanation) The miners are also known to catch up later when their revenues hits. I am beating myself for not buying AGQ a month ago but still made some good money after hearing China is restricting export. If history is anything to go by, I think gold silver ratio can go as low as 35 or 30... (Right now at 45)
Feel like I have metals brain rot. I don't do any deep ticker research anymore or balancing etfs by sectors just SLV GLD GDX GDXJ SIL SILJ PPLT COPX just straight rocks. I'm doing better than ever thinking less
Its SILJ and its $38 call
The top stocks in SILJ. I have CDE, EDR, AG, and HL.
I took profits in SILJ today. I’m more bullish on gold and also oil as I think Israel/Iran conflict is gunna kick off again sooner rather than later 😬
Yep SILJ down on the day
Okay I'm convinced the math will eventually math on SIL and SILJ and still annoyed they aren't mooning as hard as SLV
Miners are leveraged to the metal prices and SILJ is at a 1:0.36 ratio, historical ATH ratio is 1:1. So they could 3X soon, especially after Q4 earnings in February. They also drop hard when the metal dips (leverage goes both ways) so a dip in Silver before earnings would be a perfect entry.
$CDE being shorted $HL $AG $FCX $B $NEM $SILJ $SIL $HYMC MANY CHEAP MINERS
just bought puts on GDXJ and SILJ 😙
Sold all my SLV calls and trimmed off a few SILJ calls
Got Leaps on SLV and SILJ. I’m not selling until the ratio of silver to gold hits 40/1. Right now it’s around $125.
SILJ has to triple to go back to its historical ratio to silver metal price... SILJ $120 eoy
did anyone mention the mothership? Pan American Silver (PAAS). on Jan 1st i rolled a 30 call to Jan 2027. i am currently up $1029. on Jan 16 i bought a 65 call so far a profit of $374 i have a gold/silver portfolio with 14 positions. since jan 1st my profit has been over $13,000. i like to buy a long term position and a short term position on the big miners. the shorter positions play earnings. i have 4 Etf, SLV,SILJ,IAU,CPER with SLV leading the pack. but do not be distracted by the metals. Oil is the next move for me. i might buy OXY,APA,SLB. but i might add more miners because of the merger/buyout action for 2026. keep hunting!
Santacruz, Guanajuato, Silver Storm, Aya, Silverco are some of my favorites. Pick any junior producer or buy SILJ. They're all gonna rip.
I’m in FNV which is mining royalties and WPM. I’m also in SILJ
ive got 1x **SLV 85.00 C** APR 17, 2026 and 3x **SILJ 40.00 C** MAR 20, 2026
SILJ/Silver ratio is still at 0.36. all time high is 1. Even if silver retraces to 50 they would still be undervalued. CDE AG AYA EXK GORO...
SILJ playing catch-up finally!
Last year in Q1 silver miners sold their metal at 30, had costs of $20 and margin of $10. In this Q1 they're selling metal at $100, same costs, margin $80. That's 8X in earnings in a year. Yet in the same time SILJ only did a 3.5X, AG 4.5X, AYA 2.5X, HL 6X, CDE 4X. All silver miners are undervalued and will go through a brutal re rating after earnings.
Hi, you're getting leverage from whatever timeframe and Delta Calls, but the miners aren't giving any leverage, because on any timeframe shorter than a year, **SLV** is up more than **SILJ**. So I would just use **SLV**. (And do, to the tune of \~250k.) I don't know what Calls you're buying, but I'd encourage you to **never go below 80-delta**, and to be at least 100DTE. At 110DTE, the 81-delta SLV Call costs 21.88. Divide that into spot of 92.91 and multiply by Delta to find that you're getting 3.4 times leverage. And that's enough for anybody, because remember that it cuts both ways. SLV is up 48% over the past *month*. Let that sink in. Now multiply that by 3.4: 160% *In a* ***month****.* That's an insanely stupid return, but it's true. However, tt's all fun and games while it's going up, but let silver dip a bit and you'll appreciate having some time and being deeper ITM. Take care.
SIL has WPM heavily weighted (22.66% currently) so maybe that has something to do with it? Most silver is produced as a byproduct of mining gold, copper, zinc and lead so if SIL is not composed solely of pure play silver miners, what is happening in those other commodities is going to play a role in returns. WPM itself is not a pure silver play as it has gold streaming deals. Timing also surely comes into play. There may be different starting points where miners do outperform silver over the short/medium term. Long term, IDK... I started buying Jan 27 LEAPs a month ago on SILJ, AG, HL and CDE. They are doing pretty good (+96%, +91%, +98%, +77%). My timing was OK (would have been better to buy them a year ago of course)
Well I sold some of the silver and gold funds I bought mid last year to buy $10k in 30 Jan calls on SILJ, and let it ride over the weekend. I knew that was a risk, so I’m happy to see consensus for more upside tomorrow. ICE executing that guy yesterday gotta be bearish for USD and risk on assets
Trick is NOT to get out, but HARVEST gains and roll forward. I’ve been doing that since September. Sell 90% of big gains and roll into ITM calls 3-4 weeks out. pay the premium and wait. I started with SLV, SIL, SILJ equities. sold around doubles and bought options. E.G. - bought SLV 50 calls when SLV was 55. Paid around $8 for 3 weeks out. when they hit $20, I sold them (still $1 premium in them) and bought 55s around $11. When they hit $20, I bought 63s around 8.50. As it kept running, premiums went up and I started buying OTMs but tried to limit to $5-6/ contract. Recently sold my SLV 2/6/26 90s at $9 (paid $3 when SLV was 79. Rolled out of them to next. meanwhile I still own 2 55s, 63s, and 70s. Each now 5x gains. Started with $60k in August. Now approaching $200k, but never have more than $30k in calls. I still own SLV, PSLV, GLD, GDX and some individual companies going back to 2016. I long ago harvested my initial investment and let the remaining roll, but took $30k in September (when I sold SILJ AND SIL) to get aggressive with.
Bought SLV at $31 and not selling anytime soon. If I sell and it keeps going up, I lose. But if I take a screenshot and it keeps going up, I can just take another screenshot. Still thinking there might be some profit taking at SLV >$100 tho. Will wait for a pullback, then calls on SILJ. It’s time for the junior miners to catch up.
We have SILJ, SLV, PSLV for silver and GLD, GLDM, GDX and GDXJ for gold. Of which SILJ and GDXJ are volatile than others best suitable for trading.
Aside from emergency savings cash, when it comes to portfolio cash, I definitely think a lot about optionality. I have two main equities vehicles - my TSP / 403(b) & my Roth IRA. Roth currently has about 17% cash with the rest tied up in a lot of high-beta “hard assets / regime change” plays (GBTC, SILJ, REMX, FENY, a large position in Kinder Morgan. various Sprott funds in gold, silver, & uranium plays). This portfolio w/ those plays have returned 43% over the last year. I like keeping the cash pile in my Roth largely precommitted into laddered buys into sectors I feel have a future (for example, I’m looking to buy into more natgas related funds on weakness). But, I’m mindful that the cash is non yielding & my Roth is a place where I can play with high-beta theses (no tax implications) Re. my TSP I have a very large “cash” pile of 72% currently, with the rest tied up in the so called “mutual fund window,” which has itself been in a lot of high-beta “regime change” plays as well (140% return over the last year). While that’s a lot of “cash” its not really cash per se, its in the so-called “G-fund” which is currently earning 4.25% yield & therefore has a slightly positive real return compared to inflation. Basically I’m currently using a large cash pile as part of a high-beta “barbell.” Optionality, psychological insurance if my high-beta plays see sudden air pockets. Also not inappropriate given my age & time horizon anyways (looking to retire in 8-10 years)
Well it’s rational. I still very bullish on silver and have huge positions. Was planning on getting some month out puts on SLV and SILJ tomorrow, naturally those plans are off. 😃
ill admit, im sitting on SILJ, RCAT, GLD, SLV. Chilling and eating soo damn good lol
Silver miner gang assemble! Anyone buying SIL and SILJ?
GDX, GDXU, SLVP & SILJ have been great so far. I dropped SIL & COPX as they traded weirdly, may be some plausibility to the conspiracy theory that miners are getting suppressed.
Holding INTC puts, and calls on RCAT, IBRX, SLV, and SILJ. Loving life rn
i dont play SPY, its been sitting at the same peak for 3 months. all my shit in DELL, INTC, SLV, SILJ, RCAT and DGXX
100% agree but taking profits is not "offloading" IMHO. Offloading implies getting rid of the majority if not the totality of the position. Silver will be bumpy but it still has room to run despite what the mother FUDers say about it. I've been playing in the silver miner space since last year and my rule is simple, 100% gain = 50% sold. At that point everything is house money and I'm letting it ride to zero, or a million and I rotate the principle into another one and rinse and repeat. Forget SILJ, doing this I have built my very own basket of miners, some of which are literal penny stocks bought at 1.5 cent while others are more mainstream like AG and HYMC. TL;DR, take profits good, cashing out.....you might regret it by 2027.
yeah, SIL and SILJ have a really bad ratio against silver. gonna be interesting when they catch up
Tomorrow the plan is to see my gold and miner calls keep rising. Port already up +90% in 20 days. Bought a few more far OTM CDE and SILJ calls during the dip today. Kind reminder that most precious metal miners trade under 10x yearly FCF and that makes them an absurdely cheap investment with potential for 10-20x baggers.
I've gone all in on SILJ because minerbros told me the miners are only pricing in $30 silver. It would be either Lambo or mattress under the overpass
I have a lot of paper silver in the form of miners & allocated silver (like PSLV & SILJ, etc) but I would be extremely loathe to part with my physical outside of something approaching a Mad Max situation
Have had SILJ calls since November
GDX GDXJ SIL SILJ JNUG GDXU Pick your poison
There is a broad-based commodities rally starting, it's not just gold & silver. I'm heavy into GDXU (3x gold miners) & AGQ (2x silver) LETFs right now. Last week, I delevered 1/2 & entered SLVP, SIL & SILJ, they're unleveraged silver miners that haven't really benefited from silver's huge price rise yet & still grossly under-valued. I'm keeping an eye on GDX (1x gold miners), COPX (copper miners) & PPLT (platinum) for further de-risking divestment from my LETFs. Don't like oil services just yet despite MSM pushing it, the charts don't look that good to me.
The market may be waiting for confirmation that higher silver/gold prices are hear to stay before miners catch up. If you already have conviction that they are, it might be easier to invest in miners at this point. I've had conviction that gold miners were undervalued and gold was going higher for over a year. Enough conviction to start investing in leveraged EFTs (NUGT/GDXU). These ETFs are volatile and not designed to be held long term, but my theory was any losses from decay would be more than offset by gains. It's worked out so far. I paid less attention to silver and only got into it mid last year. I've used AGQ (2x futures) to boost returns initially and currently have positions in PSLV, AG, and LEAPs in AG, HL, CDE and SILJ. Copper companies that generate silver as a byproduct may be worth a look as well. Most silver is produced as a byproduct of mining something else (e.g. lead, zinc, gold, copper). Copper prices are not doing too bad either right now. Another way to play this is Sprott (SII). As more money pours into commodity related funds their AUM will increase. I added that a month ago and it's up 33%. If you think other people will be investing in commodities that's a way to gain exposure without the volatility of going into metals themselves or miners. (I've read and relied heavily on research reports from [gorozen.com](http://gorozen.com) for the last five years. They identified very early on topics that I've been seeing come up on Youtube commentators more recently including precious metals/miners prices, financial system reset, and end of the carry trade)
SIL covers most big players SILJ covers smaller players, historically more volatile hope this helps
I’ve got long term bearish puts on QQQ TSLA and PLTR. In addition to leaps on GDX SLV SILJ NEM PAAS CDE and B. Been having a great year so far and hoping to be up 400% + on the year. 😃
I think today i will: Trim SLV calls Buy a few SILJ calls Trim some of my QQQ puts Buy a few SPY weekly calls
Personally, I do ETFs instead (SILJ and SILV). Doing singled out stocks requires deeper DDs, which I dont necesarily want to engage in. It should be noted that SILV and SILJ have a strong overlap. SILJ is probably higher risk/reward nonetheless.
Sameee. Hop back in to a silver miner like SILJ — still hasn’t caught up to silver’s gains.
I have $200K each in SLVP, SIL & SILJ as they're absurdly under-priced with the rise in silver prices, returns this year should beat physical silver ETFs by at least 2x.
SIL/SILJ, maybe some extra in Hycroft Sprott funds are good too
hmmm i did hear the miners are lagging behind the spot reflecting etfs. Any particular opinion why SIL over SILJ?
SILJ up 8% and yet everybody in these threads downvoting me when I tell them that it's still criminally undervalued and the best play of the year 💅🏼
IMO if you don't have it in your hands, you don't own it. The ratio of paper contracts to physical is over 300:1. Right now institutions are taking delivery for their contracts like never before. The music might be ending and people are dashing for chairs. 1 chair for every 300 people... Miner stocks/etfs are a better way to expose yourself without holding physical. I like the SILJ etf best atm. However, most of my exposure is physical, DCA over the past 15 years. US Mint just repriced to $169, up from low 90s. Just read their hand. They think the next ceiling is $150ish.
based on all the fund managers I am following, the big picture seems rather clear: there is no reason to think that gold will start dropping, quite the contrary: the debt problem will mostly likely call for sustained low rates and high inflation, the geopolitical uncertainty has rarely been higher, etc. 10k/ounce within the next couple of years or earlier seems to be a rather low estimate of the price action these people expect. And the gold/silv ratios which have been seen in previous bullish phases of silver put silver at the very least at 150/ounce. And that's without factoring the extreme tension on physical silver, e.g. due to its industrial importance. There is an expected pullback at around 96 but the other expectation is that is will be bought out quickly. My impression is that Gold and Silver going higher is very likely, to the point where the move is probably just beginning. Now, an interesting asset which seems to be lagging behind is Silver miners (e.g. SILJ): the ratio vs silver itself is very low (some 20%, when the usual number is closer to 80%), indicating that the increase of the metal is not yet priced in the stocks of the miners, which will likely go up significantly, even in case of pullback). Take a look at the recent interviews of Steve Penny for instance.
Miners etf is SILJ or Physical vaulted guarantee Silver etf PSLV, either of them good, but remember both are at peak. Risk is yours.