General Stock Ideas

[bigworld]

scstocks: With such a long time horizon I won't suffer the time decay that you do with short options. After my post I picked up 20 LEAP Calls on Hecla Mining (HL). Currently HL is just over $5.00. I bought the Jan 2019 LEAPs with $10.00 strike price. In the aftermath of the last big crash Hecla went from $1.52 to over $11.00 within a year. This time it only has to double for me. Silver would be 20% higher already had it not been the anonymous Fed proxy that dumped $2 Billions in Paper silver futures earlier this month. But each time they try it the effect wears off faster and faster. The opening of the Shanghai precious metals exchange is making it harder for the Comex and London to fix prices. Once they can no longer subdue the metals with their criminal naked shorting the metals are going to go on a tear.