Wt Silver 2x Discussion Threads

[onedayrodders] 13/4/2020 19:54

chipp

Thanks for highlighting this on your other thread.

Just trying to work out how the leverage works here ... I read somewhere that it basically doubles the POS.. so if the POS goes up 5% then LSIL goes up 10%.

Looking back through this relatively short thread, I can see back in 2010/11 when silver moved from $15 to $50, which is around 250%, but that the share price here went up from approx $20 to $150 which is nearer 700%.

I guess its not an exact science ? what am I missing

[chipperfrd] 03/4/2020 12:51

Probability of upside looks good IMO.

[wizard7] 20/3/2020 12:56

Anybody having some of this yet??

[kaos3] 09/1/2020 08:53

sold some as rsi and mom were very high and gold might consolidate. it might go to 50 mda

[sutherlh] 31/8/2019 15:39

AJ Bell have messaged me to say that LSIL name will change to Wisdom Tree from 26th Sept. H

[riggerbeautz] 29/8/2019 07:25

It can move fast, just a case of timing.

[odvod] 29/8/2019 07:20

adding - good times ahead

[niggle] 14/8/2019 11:00

I think the US is in disarray!

[niggle] 13/8/2019 10:33

Things looking up here with the gold to silver ratio way out of line. It touched 86 last week. All-time would be around 40 and recent years around 65.

[riggerbeautz] 07/8/2019 17:33

Last week was probably the time to reload but now it’s like do you feel lucky punk?

[kaos3] 07/8/2019 13:30

time to reload?

[kaos3] 30/1/2019 20:55

yep 17 on the pos and confirmed that is

[riggerbeautz] 30/1/2019 20:53

Could pop again in the morning, still needs to get near and probably clear 6 for me to get excited.

[riggerbeautz] 03/1/2019 23:04

Cleared 5 and starting to run, needs to get pretty close to 6 for a confirmed breakout of 2 and 3 year chart.

[riggerbeautz] 27/12/2018 16:36

Fairly good jump today, finally!!

[riggerbeautz] 21/9/2018 03:25

Will try a small long from here but mad to hold any length of time.

[longjonsilver58] 31/8/2018 12:13

Depends Long or Short ?

[odvod] 23/8/2018 14:40

time to buy?

[wizard7] 07/12/2017 18:39

As they say on the Klingon homeworld; 'Today is a good day to buy.'

[riggerbeautz] 02/9/2017 21:22

Not a bad idea, looks to have broken out the downtrend of the last year. Could be a string few months ahead.