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Investing strategy... 

By: DueDillinger in 6TH POPE | Recommend this post (1)
Tue, 01 Aug 23 6:33 PM | 42 view(s)
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I have a very simple investing strategy. I buy SLV puts and sell 'em when silver dumps. I buy bullion with the profits. I expect that gold/silver will soar in coming years, with silver in three digits. But in the short/medium term, I think the metals are gonna crap out bigtime, thus my simple strategy.

Example. Bought SLV Aug 11 $22 puts yesterday at .11 and sold this morning at .24.

Of course, timing is everything and ya gotta be quick.

And yes, this isn't really investing. It's more like playing straight-up numbers at the roulette table. Big risk...huge reward.

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