Some of you have already sold your REE, if not, be out by the close today. PAAS…We will be out of this long today with a close lower on the day. TBT….Another hedge that is going nowhere. This is about break even..best to be out of anything that is non-preforming. Liquidate by the close.
The Gold and Silver were partial positions..
Silver we originally bought in this zone and took 1/2 off over 38 to pay for the trade. The last buys we’re around 34.75 Silver and under 1500 Gold…A close below 1520 In the Gold and we will be out of 80% of any thing left in both instruments. We want to have ammo to buy these a lot lower. Again this is for longer time frame traders.
JJG..we’ll leave alone for now
CORN…use a break even stop
Current Holdings
Long GLD,SLV,JJG….
Short S&P 500 Futures or Long SDS
Long Paas
Long Corn via the ETF
Long TBT
Long REE
