Below is summary of the Precious Metal option positions in this Premium Service. What stands out is overall gains across all four current positions, spanning entries taken as far back as June 29th, right up to the August 10th addition of SIL: Precious Metal Active Options - Premium Service (as of Wednesday AM) While none of the positions are approaching 10-bagger performance, the average net gain for this sector bet is 105% per position. The best part is that there is a month or more left to expiration on all of the above positions, so there is room to grow. What are the chances? As my charts below suggest, excellent! Spot Gold & Silver Leading off with the most bullish chart of the group is Spot Gold, breaking out through all three lines of resistance, most likely target now is over $10K in the months ahead: Silver has temporarily taken a back seat to Gold, but it is now primed to breakout above $70 in the days ahead, targeting, eventually, into the low $200's: The Gold & Silver Miners may have the best looking prospects of all, these charts are about as bullish as it gets, intermediate term: GDX SIL SILJ Individual Stocks of Interest These two from this past Weekend Update continue to look strong. For anyone who feels underinvested in the sector right now, both have October expirations. NEM -Fresh Breakout AEM - Fresh Breakout Bottom Line I don't often quote Jim Cramer, but he does get credit for the concept: "There is always a bull market somewhere." In this instance, its in precious metals and although the gains have not approached those seen in AI Infrastructure stocks (the other bull market), prices are going up and are showing no loss of momentum, in fact, these charts above suggest an entire new leg up is just getting started.
