Monday through Thursday was a crazy run up in gold and silver. I sold all of my gdxu (400k worth) on Wednesday and Thursday. Bought back in 150k worth close to the bottom on Friday.
Even with selling 25% of my portfolio you can still see how badly I got hit on Friday.
For the last 5 weeks gold has been green on Monday and red on Tuesday. Waiting to see if that still holds next week.
I’d like to see gold break new ATH next week, otherwise I think we’re in for a 20% correction and I’m probably buying puts.
>started with 600k last year, goal to get to 5M by 2030