….Don't really want to work at McDonald's ..

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    Posted by svethros

    34 Comments

    1. FrostyMarsupial1486 on

      You got 8 months bro you’re fine. Trumps fed chair pick is going to lower rates so much and metals are gonna moon. Just don’t have all your eggs in one basket. Don’t sell

    2. Imaginary-Rope-3084 on

      Traders are pricing in 0 rate cuts this year, IV is still elevated > 60%. Your calls will get crushed to smithereens

    3. hudson_guy2001 on

      Well you can harvest losses … every year to the limit … for a decade or two.

    4. CompoteSpecialist618 on

      We are going back to $50 but that will likely come and go before these expire, you’re solid holding these.  

    5. CryptographerKey7995 on

      Def not recovering this unless you wait the whole year. I’ve got a break of highs a year away from the day it hit the highs. So if you’ve got one year exactly you will be in the $100s by then

    6. I mean who knows, I’m pretty heavy in the PM game. What you are seeing right now is leverage unwind across the board. I’m a net buyer at these prices but my guess is we unwind to 50-60$ an ounce.

    7. The next 24 hours will be instructive, you’ve got oil up, yields up, dollar’s up, long bonds down, equities super-iffy, everyone’s giving everyone time-locked ultimatums, and metals are getting whacked by inflation shock. A lot of people got out to cash.

      So they’re not ‘cooked’, plenty f time on them yet, but for the time being oil/inflation shock could whack them further. These next few days are gonna be weird, you may know quickly which way it’ll go.

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