Loaded your tentative first-try screened list to a watch list, from SILEF to HL inclusive.
It may be the case that when it is time to buy buy buy, soon after the point of debacle when either the general market or the gold market takes one where it matters, that one might not care much about the <<"the best silver stocks to own when silver goes higher">> and just buy PAAS and AG finance.yahoo.com (was it on your total list to be screened?)
Are you, as I am, giving high weight to a soon and coming debacle of the entire market? I am waiting for the Hindenburg Omen and the jaws of death to slam shut. If so, we must note that the silver business is like any other business in that all be dog-eat-dog, and mostly involving big dogs eating smaller dogs. IOW the debt load of all dogs should matter, since debt shrivels dogs at the most inconvenient times.
I lead w/ DRD as standard due to its debt-free state matching its payout policy. As difficult to fake dividends as it is to pretend orgasm.
Am currently high cash. Actually almost always high cash. Am currently very low in margin maintenance burden. DRD is my largest position, and to mitigate gold- risk I bought near-term DRD Puts strike-7.5 this past market session. I do not typically buy options except to close. I may have shorted too much DRD Puts for the next few months, going out to August, the longterm, at strikes-10 and 7.5. Need to sail through the interim storm. I believe 10 is a good price for DRD, but 7.5 is a better value. 15 is proper, and 17.5 also prim, 20 is best.
BTC related stuff (GBTC mainly, BTCC secondarily, and a flyer, MSTR for fidget) is my second largest position. They as a group are both a wager as well as a sort-of hedge, depending on time of day. Participative in some material way as a group. Undecided about whether BTC is anything worthwhile.
Believe BTC can be astutely incorporated into some business plan of merit, for example, a scientist strong in mathematics can ...
(1) link BTC w/ gold and / or silver and / or DRD, Digital RMB, whatever, by Ethereum or some other glue, thus imbuing BTC w/ some slice of intrinsic value, further boosting BTC attraction
(2) Apply leverage to the creation, and create a market where none existed before out of true market already here and to be bubble-d in the future.
(3) Bum-rush all to the creation by personality, and by science of psychology
MSTR can do that, as AMZN did.
... and so leads to the next question related to <<"it can be done profitably">>, as in how best to approach any eventual wager surviving the screening of ROE, PE, Yield, Growth, and Debt, specifically when to start going long, and how to go long (tranches, allocation, short put, straight buy, short put / short call, long call). The larger shares on your list certainly sports options, and the smaller ones might offer more blue sky. Dunno know yet.
So far besides small positions in GLD and SLV (and PPLT), and large position in DRD, as far as publicly-listed miners go I have a small short Put position in SA finance.yahoo.com . Together they constitute a synthetic company that I am comfortable with as this point. Hail storm ahead, I fear, and no point spread thin on a bridge too far without ammo, I reckon.
This listen pointed to by C2 is timely Message 33207716 , reminding me that the vagueness of the fight between inflation and deflation is still full on. |
