So now that all the call buyers on gld and slv got obliterated in the past two weeks it’s relatively safe to be buying the physical at or under spot (whatnot/ebay will sell Morgan dollars under spot all the time).
I see gold and silver as the outperforming asset on a 10 year horizon with infinitely more safety than investing in spy or single tech stocks.
Our economy is redesigning its end goal it used to be prices to infinity now it’s prices to 0 (see frontier air, tesla cost per mile, tv, amazon canned chicken 25% off Costco’s price of 2020 ($1.49 ea).
We actually are headed to abundance.
As stocks and prices orient towards 0 im guessing silver and gold will remain the universal stores of value that all countries will have demand for vs American stocks could fade on the macro.
I hope that after all this burry fear is over my SLV calls will at least be saved. But they'll probably wait until the last one expires, like a BYND meat patty
I scalped some more money from silver and treasury bonds dipping. If SLV drops to 41, I will probably add a weekly call or two, as it appears to be trading range-bound.