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As I stated earlier here on Slope and also on my tastylive show, I took profits on my PLTR short in advance of its earnings today. I half-jokingly stated this would probably mean it’s going to plunge, but nope, it looks like I made the right call. Phew.
Originally, I was going to put this post together to highlight the fact that Big Round Numbers were coming up soon for silver ($100 per ounce) and gold ($5,000), both for the first time in history. After all, gold is blasting higher at this very moment:
It was all there in black and white. Precious was going to rock. Equities would suck. The first part has been so true that I should get a Nobel Prize in Charting (or maybe I could just take one from the actual recipient like an insipid brat). The second part is just starting to happen.
The first time I wrote about the symbol PSLV (the Sprott physical silver trust) was October 2024 in a post aptly named Silver Has LAUNCHED. I credited long-time five-star general BabyBear for this one, and it is up about 150% since then.
Following up on my post from a few hours ago…………..bang!
