SLV should be a long on a pullback intraday, I'm looking for at least below $21.60, like yesterday/today's GLD call, this is a short term position to take advantage of a SLV pullback to get in and then SLV should move up with the market. I'd say this may be a 1-3 day trade, with options probably shorter).
There are leveraged silver long ETFs as well that could be used.
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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