I'll have some charts up after the Gold/Silver post coming next, but I've decided to close the MCP July $5 calls for now, I am leaving the MCP long Equity position OPEN and will look for an area to add the options back.
In other words, I'd like to take the momentum in MCP as intraday it doesn't look like I'll be seeing more AT this point, but the larger picture still looks awesome and with the criminal inquiry closed, there's nothing to hold MCP back.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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