Image Source: Pixabay
 

Don’t get me wrong. I love precious still. I just think that, for the moment, it’s gotten ahead of itself. I bought DUST again this morning (I had a good trade from it on Monday and sold Tuesday), and today I’ve shorted SIL (the silver miners) for the first time.
 

My stop-loss is at 79.50 (a little loose, because it had a fat bid/ask spread). Below are the percentage charts for SLV and SIL which, unsurprisingly, are highly correlated.
 

More By This Author: