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Friday, September 12, 2025

Precious metals Gold Platinum Silver’s Wild Ride: Hedge or Trap?


Precious metals have been on an incredible run in 2025, with gold rising above $2,600/oz and silver hitting $42.40 this morning!  SILVER 

 The Big Reveal 

$SLV Silver ETF - Continues to retest the highs, and this morning looks like it's going to continue to break out above my upper pattern line. Don't worry about the EW count (annotations) btw 


 GOLD

Back in January, I alerted to Gold, and Gold miners, as the 

Best Performing Sector of 2025

check it if you missed it. $NUGT  If you had bought and held the 2X Gold miners ETF $NUGT since April you're up nearly 400%!  

 Platinum  It seems like nobody who follows me trades platinum, but I called out that trade back in April, regardless 

Best Trade of The Quarter Better Than Gold or Silver 

 
And here I am calling the top in Platinum 
 
Did you pick up on my bearish tone...? 😅
 
 Getting back to Silver. I tried calling the top on Silver earlier in the year, and even sold my small hoard 
At that time I didn't realize that there has been a broad based rush into hard assets, ever since geopolitical tensions started spilling over in the Mideast.Trump tariff, and Trump challenging Powell on Interest rates policy may have helped lift silver, but see silver as, "poor man's gold". Let's be real—silver investors aren’t the sharpest tools in the shed, and the biggest investors in Silver and China, Russia, and India. India's market has been getting crushed, and money has to go somewhere, I guess.I've heard CNBC Fast Money traders say, “Real men don’t trade silver,” but I think it looks like a good hedge against any potential downside in the Gold trade.  If you're more intent on selling Silver just for the fun of it, there's even a 2X Silver bear ETF, but I'm afraid you'll have to chart that yourself. Come to think of it, you could hedge the $GDX with a Silver miners short.  A word of warning; take extra care when trading commodities, AA   


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