Silver trader strategy

I think this strategy is a winner. Time will tell!

Category:

News & Politics

Tags:

• silver
• gold
• manipulation
• collapse
• riots
• food
• economy

[Clarissa2424]

tradergee, I have never shorted anything in the stock market. However, I have owned ETF's. I do not own any right now.

I might be interested in your ETF/physical strategy, but, I absolutely do not know how to short an ETF and protect the extent of my losses.

I hear about PUTS and Covering Shorts on CNBC, but, I do not understand.

Please explain how to Short and protect the silver ETF? Thanks.

[tradergee1]

I short the SLV via ZSL which is short Silver. buying an inverse fund is safer than just shorting a stock.

[dojufitz]

Using your strategy i think you will get to your 5000oz goal.

I'm at 1700oz now....my initial goal was 2000.......now i'm thinking 3000?

Btw do you have any gold? Or are you just Silver.

[tradergee1]

I only have Silver because if Gold does rise Silver will outperform.

[tradergee1]

If you already have a mortgage the then you are in good shape and can wait for Silver to rise and pay it off. I would not buy real estate yet as it will fall even with inflation. At some point I will have enough Silver to buy a house outright.

[Clarissa2424]

Using the price increase in silver to buy/pay off real Estate is a great idea?

Do you mean just trade physical silver for a piece of real estate?

If I have a mortgage already, I would have to convert the silver to dollars and then pay the mortgage. OH. So, get a mortgage "before" Inflation devalues the dollar and silver goes up? since mortgage payments won't rise. But, I will get more DOLLARS for my silver in the coming years. Am i right? what other stuff will sivler help me pay for?

[artdeco101010]

You make an excellent point about taking advantage of the price swings, that is the biggest frustration with playing the buy and hold waiting game - but it sounds like you have figured out a balanced approach to making use of those swings. Just out of curiosity, which broker do you use for this strategy?

[tradergee1]

That's exactly my point. You wouldn't want to trade your Silver for dollars since the dollar's demise is what will have caused Silver to rise that high in the first place then you have to trade your "real" Silver for something else "real" such as Real Estate. If you have a mortgage your mortgage cannot rise in price but your Silver will! Just keep buying until you have enough to pay it off. Then you will be keeping that mortgage payment as part of an early retirement.

[malumalumalu]

Great video. My question is about what you say at 1:22- you say "transfer that silver into something". This question has confused me for months now- if gold and silver is traded in US $, and the dollar is going down the drain into worthlessness, what is the real benefit in selling your silver/gold in the future if you get worthless US$ in return? Thx

[lokir]

Fantastic video,

Thanks for the strategy... sounds like a winner.