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RE: TIB: Today I Bought (and Sold) - An Investors Journal #461 - Silver, Silver Mining, Europe Interest Rates
Silver definitely looks like a good setup as sentiment has clearly shifted when looking at futures positions among institutions as well. Let’s see if it pushes through this time as it has disappointed in the past!
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It feels that way. The good news for my portfolios is I did time the turn in June. Now I am working with profits. One of lawyer advisers always used to talk about - OPM = other people's money. I like it.
Of course, there is a big risk in the trade. If Trump can pull off a China trade deal in 2019, it will slide back. That is fine too as the trade is really a hedging trade = the rest of the portfolios will benefit way more from a trade deal.