16 August 2017

Stocks and Precious Metals Charts - We're Going Wrong

"And then many will fall by the wayside, and hate and betray one another.   False prophets will arise, and lead them astray.   And because of the increase in wickedness, the love of many will grow cold.   But those who stand firm to the end will be saved.  

And the gospel of the kingdom will be preached throughout the whole world, as a testimony to all nations. And then the end will come."

Matthew 24:10-15


As you can see from the schedule below, there will be a stock option expiration on this Friday.

The next Comex option expiration is on the 28th, and will be more significant for silver rather than gold for that option month.

A stock option expiration offers an opportunity to play with the prices of the mining stocks, and of gold and silver indirectly thereby.   Whatever is hot and 'overbought' on leveraged options by small speculators will generally get hit in advance of the expiry.

Have a pleasant evening.