RE: 2nd lockdown.1 Nov 2020 23:19
Hi Dutchtrader,
Whoever wins the election, gold will win and silver will win more since silver is beta-gold.
Since we have a tiny Mkt Cap, UFO moves very fast.
There is a large short position on UFO and the shorts will need to buy UFO and close their positions.
That's when we go through the air gap. Patrick Karim & Northstar said the air gap will take us past 8p.
The breakout will be explosive and will take no prisoners.
Just be ready for it.
Personally, I don't wait to buy UFO, I buy UFO then wait. I have a long-term outlook.
As Keith Neumeyer of First Majestic Silver said, high-grade silver deposit are very rare and we are going to go through a 10 year silver bull market!
It's difficult to buy UFO share when everyone wants them due to the small Mkt Cap, just goes to NT.
I would use this opportunity that the shorting gang have provided as a wonderful buying opportunity.
As always DYOR and enjoy the ride :)