No need for these kind of elaborate gymnastics when you bought the breakout and sold the top.
We are now already looking at greener pastures as you can see in our recent posts.
THE level to watch on Silver is the 50-DMA
So far it's held up strongly amid the rout, prices bounced off TWICE (once on Friday and once Monday).
HOLD!!!!!
We continue to eye positions while holding a lot of cash from our silver sales.
One option is to in fact sell our Chinese stock exposure rather than increasing it and then buy back on a committed move higher.
Strong American stocks remain on our radar such as SPHR and VCTR.
We continue to eye positions while holding a lot of cash from our silver sales.
One option is to in fact sell our Chinese stock exposure rather than increasing it and then buy back on a committed move higher.
Strong American stocks remain on our radar such as SPHR and VCTR.
We feel very lucky to have timed selling the top of Silver so well. As stated, it is not easy to do so.
When you nail it, take a moment to appreciate your experience.
We have sold our remaining silver position into strength.
It is tough not to hold onto any.
But it frees up a lot of capital to deploy in 2026.
We are eyeing Chinese stocks to increase our positions in, as well as beginning research in the Japanese market.
@MasterBJones I know a few. That is not how it works for retail jewelry unfortunately. They feel the pain of having to buy product at increased prices. They can’t easily pass that cost to the consumer. Not the kind of jewelry store someone owns. Maybe Svarovsky can raise prices?