17 Comments
User's avatar
MakerOfNoise's avatar

OMGLOL. The MMT-Fed-UST meme is so ridiculous and spot on.

Jim Fry's avatar

Here is a copper indian head penny for the chart of the EU Leading Regulations! Comedy gold there.

No1's avatar

Well, ain't it accurate though? Some humour writes itself...

John Day MD's avatar

Transition to gold monetary regime remains "unofficial" for the moment; not for long, it seems.

No1's avatar

trade settlements in gold, not that we're going to use ounces in our bank accounts any time soon 😉

Denis's avatar

Volatility is too cheap.

VIX provides tail protection, which can spike to 60 in 8 days, generating asymmetrical payoff.

No1's avatar

VIX is protection for violent moves. Nasdaq & QQQ & SP puts are for slow grind protections.

Denis's avatar

5 stars to that, NO1.

Jim Fry's avatar

Back in my reckless youth chapters, I played 2x and 3x vol ETFs (TVIX, XIV, etc.). Never made much money from those casino gambling sessions, but what a ride, until, I was a holding participant when XIV imploded (liquidation "event" on February 5, 2018) and lost $5k.

.

What vehicle do you have in mind, puts/calls on which options?

No1's avatar

On which comment are you replying to? Because everything depends on what you're trying to achieve?

Jim Fry's avatar

"Volatility way down - I think I will load up a bit more VIX options" In other words, which VIX vehicle do you use?

No1's avatar

Ah, I use pure VIX. I didn't go with VIX after all, I loaded up on SLV June calls during the smashdown last Friday. That was something too cheap to neglect. The banks smashed it down like 10-12 USD from the highs. And I'm pretty certain about the direction it is going.

Not financial advice though! This is a really risky bet.

(BTW, I still own a LOT of VIX 20 August calls just in case) - bought around a month ago for pennies on the dollar.

French_follower's avatar

Yet another week bullish for silver and gold imo, with latest US stunts.

Here's hoping that the volatility of silver price is gonna reduce a little so that silver miners can start to catch up (but i'm not holding my breath on this one for this week).

No1's avatar

I think this consolidation will be the main theme for the year 2026.

French_follower's avatar

2025 results presentation dates, with FY26 budget presented by the companies at this moment, should be an upward moment for gold and silver miners I think.

-> That would be during mid february to early march.

"Dum" indicators like forward P/E are gonna look very good if current prices hold

Edit: Note that I'm usually very bad at predicting short term market reactions :p

No1's avatar

short term moves: than I'm in great company! I see macro movements a lot before others, but short term? That's why I don't have a paying service, as my RNG is particularly bad... 😉

Don't underestimate what the popping (or best case: deflating) of the AI bubble could do to PMs and other base metals!