Nothing to see here... Or is there? Traders and speculators react to news flash and rumours. I don't. Not that I don't care, but life is more than chasing after every stories. I read in @Shernice軒嬣 2000 post on a rumour on a major bank imminent collapse due to its shorts position in silver market. Apparently, the rumoured bank is JP Morgan. Rumours as they are, stay where they are. There are obviously many banks 🏦 that have shorted silver in the past. JP Morgan happened to feature prominently but that doesn't mean they are doing it now. Silver, not sure why, has always been a hated cousin of gold. Silver price has always been depressed artificially by major financial institutions. Even when silver has in recent years
$ProShares Ultra Silver(AGQ)$ It started well earlier in the trading session but I have waited till the volatility sets in. Silver price hits a new high at $82, my target in early 2026. However, I have not expected that to stay. Strangely, I didn't sell even though it has hit my price target early. A few thoughts entered my head. I have decided to share them. As many already know, selling is more difficult than buying. To me, selling is not about achieving price target. Rather it is about the trade environment and if my buy thesis has changed. My thoughts 💭 bubble is as follows: 1) besides the well-known uncertainty surrounding today's economy, the dedollarisation or lost confidence in USD stands out in this precious
$TSLA 20260220 440.0 PUT$ Made good money off selling puts on Tesla this year. When you have a company that you are fine with buying shares at low strike prices, it makes selling puts for premium that much more comfortable.
$ComfortDelGro(C52.SI)$ remain hold. might even add. more than just a transport company and will hold it more for income. Does mot matter even of it drops. go Comfort go.