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I've been a buyer of GDL, but the gold/silver ratio is currently extremely stretched, so I'm writing calls against half my GLD while initiating positions in SLV and a couple silver miners.

Inflation looks like a good trade.

1 posted on 04/16/2025 10:00:26 AM PDT by Miami Rebel
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To: Miami Rebel

We’re literally just gonna watching in realtime the final gasps of the fiat dollar currency. There is simply no more value to continue, having fallen 97% from 1913 to today


2 posted on 04/16/2025 10:08:48 AM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
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To: Miami Rebel

Treasury yields dropping is much more important than movement in gold.


3 posted on 04/16/2025 10:10:19 AM PDT by SaxxonWoods (The road is a dangerous place man, you can die out here...or worse. -Johnny Paycheck, 1980, Reno, NV)
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To: Miami Rebel

Silver metals seem to suck.

I have a bunch of platinum that I bought around 1700

I should have bought gold


4 posted on 04/16/2025 10:11:16 AM PDT by algore
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To: Miami Rebel

The current 14k gold price per gram is $61.40. For those that have gold jewelry: 31.1 grams in an ounce or $1909.54 ounce for 14K gold.


6 posted on 04/16/2025 10:15:29 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: Augie; Big Red Badger; CaptainPhilFan; caww; Cleebie Grums; CFW; chud; C210N; ComputerGuy; ...

If you would like to be on a Gold & Silver PING LIST, pm me.

The Gold & Silver Ping List covers the following:

Everything Gold & Silver
Stock market investments in mining companies,
etc.

13 posted on 04/16/2025 2:23:06 PM PDT by aMorePerfectUnion (🦅 MAGADONIAN ⚔️ LIFE )
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To: Miami Rebel
Those stock markets sure do suck.

.


15 posted on 04/16/2025 3:09:24 PM PDT by Karl Spooner (Putin: "Time to finish off the Ukraine troops"- 3/28/25)
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