Over the past few weeks we have been accumulating calls in Gold (GLD), Sliver (SLV) and Gold-Silver Miners (GDX). Those bets are already paying off. We have also laid out a bearish case for stocks, especially Semiconductors. That shoe can fall off any time over the next few weeks and we are vigilantly scanning patterns that would justify an aggressive bet on the short side. Just not yet. We are also watching oil closely, that may have the biggest potential near term. Oil stocks and in particular, USO, remains captive to geopolitical developments, call us skeptical that this war will end well. All in all, a new paradigm is emerging as we enter then second half of the year. Let today's gains in precious metal calls be a reminder of what is possible when we are on the right side of mega-moves in specific sectors. To the casual observer, they may seem like merely lines on a chart. To option traders, these are our bread and butter triggers for doubling money, then doubling again, and again. When Semi's and Oil have their day, we will have our hands full rolling strikes and taking profits. It's coming. GDX Weekly SLV Weekly GLD Weekly Premium Service - Precious Metal Positions
