Dec. 28 at 2:38 AM
$ITRG The aforementioned clown direct messaged with four letter words. Oh so scathing. Probably not a bastion of finance.
Exchanging a PROVEN position for fresh risk is stupid. Almost as stupid as holding losing position in hope. Cutting a runner short is also......... a taxable event.
Quantified it for you, Unless you've got a better idea, suggesting you enjoy the ride.
In the here and now, we've got money center banks with their butt in a ringer. Pretended one silver bar has 10 owners. A/k/a naked shorting. Worked pretty well for years. Until now. They can't deliver.
This has contagion implications for most base metal miners.
Just enjoy the ride and let the spastic go their merry way. 40 page Schedule D with nickels and dimes.
Re-posted the chart, in my style, for.........reinforcement.