I am sharing one of the popular recent trades today. Yes, it's a long time coming home run... I have been patiently gathering silver related miners and ETF, even physical silver itself over the decade or so. Today's sharing focuses only on those buys within the last couple of years. Like those ever-unwavering cryptocurrency or Elon Musk's fan, I am a silver fan. In the early days of silver obsession, my primary focus was in US silver miners or streamers, like $Wheaton Precious Metals(WPM)$ and $Newmont Mining(NEM)$ .  When I moved to Australia more than a decade ago, it gives me the proximity access to understand Australian miners a little bit more. That is when I started phase 2 of my accumu

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$ProShares Ultra Silver(AGQ)$   so much uncertainty, which is what's driving precious metals. Silver price at $60 is no longer a matter of "if", even the "when" could be as I typed.  I am not going to lie. Silver is a lot more speculative than gold, but with gold price already making its run, this tag team has to carry on its game. Silver has to play its part.  If you look at the strength of USD, or weakness of the dollar, it is not difficult to understand why we are seeing today's tag team situation. Like I mentioned in my last post, it is not just silver, the accompanying platinum and palladium are doing their own catch up as well.  Looking at cryptocurrency on the other hand, their col

$ProShares Ultra Silver(AGQ)$   Revisit my silver position. Apparently I failed to share in last week's post. Have totally forgotten since I am in a slightly different time zone.  Doesn't matter. The only thing that matters is silver, together with other precious metals group, represented by gold chart below has continued their upward march after a brief period of consolidation. That's correct, as mentioned in my last silver update, the patterns have pointed towards more upside than a double top style of collapse. In fact, silver has finally broken its all time high, clearing $50 easily after the previous failed attempt. $60 is within reach in just a week! That is some kind of unusual strength, more commonly

$ProShares Ultra Silver(AGQ)$  November is ending before I knew what's happening. I am surprised that AGQ is still surviving the ongoing correction in precious metals group, especially after the recent double top observed in silver.  Having said that, after a couple of weeks, the charts in AGQ, silver and gold get progressively clearer. The threat of hitting the downside target of the current double top is diminishing by the day. From both the gold and silver charts below, especially those secondary charts, all indicators point to good support and reversal to the upside. The main charts also continue to stay above the uptrend line. More importantly, support seems to form around $49 for silver, sufficiently away f

$ProShares Ultra Silver(AGQ)$  I was proven right. Remember my last post about the double top? That happened in both silver and the corresponding AGQ, toyed briefly with $100 for AGQ and went back down quickly... The underlying silver price hovered around $50, dropping $4 or 8% in quick successive trading sessions. It even went briefly towards $48-49 range, but it was nowhere near the double top neckline, which is around $46. Therefore, rebound in price has been anticipated. Furthermore, with silver now classified under critical metals list and its annual deficit in place, the price of silver is always going to be supported. Like I had mentioned last week, I never like a quick price movement. Whenever the price moves

I won't waste my ink here on Tesla, just my 2 cents. Looking at 🐯 posts, I don't think I will get many fans with what I am going to say. Tesla, to me, is built on a promise... or a dream (mirage if you asked me). Its valuation does not add up. Of course not, it's floating in the air... hot air! That's why whatever Elon Musk asks, retail investors blindly give. That is not what a good company with proper business and appropriate valuation should behave.  A company with proper products or services will continue to do well even if a bad manager comes on board! Just look at $McDonald's(MCD)$ for a good comparison... mistakes were made, but the company lives on beyond the bad manager.  With such an unstable foundation, it does not take much for bubble to pop... yes, it is a growi

$TSLL 20260116 13.43 PUT$ Quick share... I may be right... or wrong. For now, at least it looks like a double top from the chart point of view. Oh... obviously I am referring to the underlying principle stock, Tesla. Although have so far always been right about its trend direction, I have still been burned multiple times for my shorter time frame trades. Tesla is a volatile company with many Elon Musk's die hard fans, so naturally retail investors are buying up whenever corrections take place. For me, I simply trade trends... yes, it is still in an uptrend, so I am watching $390 closely. The immediate uptrend would broke if this mark doesn't hold. There is still time for confirmation. The immediate target 🎯 for this double top

$ProShares Ultra Silver(AGQ)$  I have mixed feelings on this... on one hand, I feel totally validated for staying the course on precious metals group, especially silver. On the other hand, I don't like the sudden spike in prices. Sure, big price jumps bring feel-good factor. Those are for egos boosting, not long term investment health. Big spikes usually followed by corrections, so I never liked them... RSI as a result of this sudden spike in prices crossed 80... it does feel overbought at this stage for AGQ. I am watching it closely, especially at $98.97 signalled a possible double top, as can be observed in the main chart for AGQ. Having said that, there may be more to it. MACD looks good... very good indeed, it fee

$AML3D LTD(AL3.AU)$ a slight rebound in recent days... the stock price is still in consolidation phase, but green shoots are beginning to show. Just take a look at its secondary charts 📈 of RSI and KDJ, a leading indicator for me, for a possible turnaround. Volume has been low, which is positive. That is the best consolidation indicator, as holders are not panicking... when all the weak holders have left the market, selling stops and the trend reversal will take place. The only secondary indicator not looking up is MACD, but this could turn quite quickly as well. Now, we bide our time and wait. As mentioned above, volume is low, very low by its normal standard. The market cap is only at $99M, a considerably low level. As mentioned two weeks ago,