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Silver and gold are ripping higher – for obvious reasons. Governments can't stop spending and providing stimulus, the U.S. dollar has hit a four-month low, bond yields are limited. Silver jumped 7% on Monday alone. Gold is at a nearly nine-year high.
To play the rally – which isn't over – I'm turning to two popular silver stocks. Silver is a more popular play than gold here for two reasons – it's cheaper, and it has the benefit of industrial use as extra price support.
You can buy these stocks now and then give yourself a chance at faster profits on the metals rally with these two options plays. I give you this "silver profit plan" right here in today's Fast Profits video:
Your Silver Trade Details – and Your Path to "Millionaire" Status?
Trade details:
Actions to Take: *FAST PROFITS VIEWERS – NOTE THE CHANGE IN LIMIT PRICES FROM THE VIDEO:
Buy SLV shares for $21.75 or less.
Buy to open the SLV Jan. 15, 2021 $20 calls (SLV210115C00020000) using a limit price of $3.25 or better.
Buy WPM shares for $52 or less.
Buy to open the WPM Jan. 15, 2021 $55 calls (WPM210115C00055000) using a limit price of $8 or better.
It's trends like these that are reminders of how powerful trading can be for turning market moves into profits. Speaking of – have you heard Andrew Keene's story? It's wild…
In 2008, Andrew Keene was down and out.
Unemployed… burning through his life savings…
And with no real prospects on the horizon…
He knew he had to do something radically different to change his life… He wanted to change his life…
So he turned to the stock market, determined to find an edge…
It was when he began to look closely at a company's stock price data that he discovered an obscure 18-digit "code."
This code let him see when the hedge funds and investment banks were making incredibly lucrative trades. Trades that wouldn't make sense to the everyday American simply because the company wasn't in the news! And at that moment…
He wondered if he could tag along with these mysterious trades – taking a slice of the profits.
So he tested it out…
And it worked better than he could have ever dreamed.
Over the next two years, he made a few thousand here and a few thousand there until…
He grew his account to $5 million.
He's been enjoying life as a millionaire ever since.
And he's been teaching people all over the world how to use his exact strategy…
In as little as 30 minutes, three days a week.
More importantly for you…
Andrew is revealing the code and strategy that made him a millionaire.
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About the Author
Chris Johnson is a highly regarded equity and options analyst who has spent much of his nearly 30-year market career designing and interpreting complex models to help investment firms transform millions of data points into impressive gains for clients.
At heart Chris is a quant - like the "rocket scientists" of investing - with a specialty in applying advanced mathematics like stochastic calculus, linear algebra, differential equations, and statistics to Wall Street's data-rich environment.
He began building his proprietary models in 1998, analyzing about 2,000 records per day. Today, that database, which Chris designed and coded from scratch, analyzes a staggering 700,000 records per day. It's the secret behind his track record.
Chris holds degrees in finance, statistics, and accounting. He worked as a licensed broker for 11 years before taking on the role of Director of Quantitative Analysis at a big-name equity and options research firm for eight years. He recently served as Director of Research of a Cleveland-based investment firm responsible for hundreds of millions in AUM. He is also the Founder/CIO of ETF Advisory Research Partners since 2007, noted for its groundbreaking work in Behavioral Valuation systems. Their research is widely read by leaders in the RIA business.
Chris is ranked in the top 99.3% of financial bloggers and top 98.6% of overall experts by TipRanks, the track record registry of financial analysts dating back to January 2009.
He is a frequent commentator on financial markets for CNBC, Fox, Bloomberg TV, and CBS Radio and has been featured in Barron's, USA Today, Newsweek, and The Wall Street Journal, and numerous books.
Today, Chris is the editor of Night Trader, Strikepoint Trader and Straight-Up Profits. He also contributes to Money Morning as the Quant Analysis Specialist.