Stopped out of AGQ. Might try to catch that short-term counter-trend later.

Congrats on the trade. If you re-enter, keep in mind that the gold-to-silver ratio chart I recently covered in a video has fallen even deeper in the extreme range. As such, I continue to favor a short on silver over gold. I plan to cover that chart again later today.

Shhh! Don’t tell my short position that…lol. In all seriousness, thanks for sharing that, as some might find that useful. I trade off the technicals (charts), but maybe some here might find a way to profit with an arbitrage trade between the US & Shanghai prices.

Also, keep in mind that website is a gold/silver bug site. While I’m not familiar with it, my guess is that they probably provide a constant stream of bullish articles on the metals, but again, that’s just my .02c from a quick glance of the site.