Riding The Gravy Train: Sold 2nd of 3 JNUG +30%, Gold & Silver Positions Update

Riding The Gravy Train

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Tuesday, February 19, 2019

Sold 2nd of 3 JNUG +30%, Gold & Silver Positions Update


The offer on the 2nd of our JNUG positions has been hit today for a gain of over 30% in 6 months.

That leaves 2 JNUG positions left.

The 1st of the 4 JNUG positions we had was sold in late January for a gain of 28% in 5 months.

2 USLV positions remain, one of which is offered at $93.00

Originally we had 3 USLV positions.  One was sold in early January for a gain of 25% in 7 weeks.

1 NUGT position remains, offered at $22.70 which is very close to being hit for what would be a 32% gain in 6 months.

We'd had 2 NUGT positions.  1 was sold in early January for a gain of 28% in 4.5 months.


We've also about a half-dozen gold and silver-related junior mining stocks per this blog, which we'll update when it's relevant to do so.

Our current favorities among those are IMT, ANG and FG.


Gold is roughly $20 from a 5.5-year high in U.S. dollars

It is at an all-time high in Australian dollars, a 7.5-year high in Canadian dollars (roughly $30 USD from an all-time high in CAD), a 6-year high in yen, a 5.5-year high in the Swiss franc, and a nearly 2-year high in the euro and pound.    




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