Jump on the SILVER Breakout to New Highs …

Hey There Income Hunters,

I read a few excerpts from legendary investor Paul Tudor Jones today and it’s nice to see he is in Power Income’s corner …

Paul’s main concern is that the forces behind inflation are much worse than the market is currently pricing in.

He also thinks that a higher CPI will be the death of financial assets like bonds and stocks not tied to hard assets.

And here is my favorite …

“The most inappropriate monetary policy that I’ve seen … maybe in my lifetime.”

Seriously, I have been saying this for a year … and …

All we are doing is making a killing exploiting the inflation that has been intentionally produced.

Yesterday I closed an iShares Silver Trust ETF (Ticker: SLV) call spread … 

STC $SLV Nov19 21/21.5 call spread in .16 out .39 for a 143% gain!

I have been crushing it with these low-risk/high-reward vertical option spreads …

They are so simple to execute and to manage, and the returns are phenomenal … 

Today I’ll show you the trade I rolled into and why you should jump on this bandwagon …

Ride the Silver Breakout to New Highs 

This has been a big week for silver. So far, it’s up over 6% with today to go.

I wouldn’t be surprised to see it break above $25.

Notice the breakout for both silver and the 5-year inflation break-even rate, which also broke out and is forecasting inflation to be 2.83% in five years …

We aren’t hearing the word transitory anymore, are we?

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Silver Also Breaking Away from Gold

The chart below illustrates the gold/silver ratio.

Gold has been underperforming silver of late and the ratio is breaking down, indicating silver will continue to lead precious metals higher …

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SLV Trade 

BTO $SLV Dev17 24/24.5 CS for $.09 …

This spread is a great low risk/high reward play on a silver rally to $25.

Put a stop-loss in at $.06 to limit your max loss to 35% on this trade.

The max profit is $.50 making your return on risk 833%.

That is how you earn supersized profits consistently.

Bring It Home 

The next couple of weeks are key as the bullish seasonal signals kick in for precious metals and stocks while bearish seasonals kick in for bonds.

I am hoping for a bit of recovery in iShares 20 Plus Year Treasury Bond ETF (Ticker: TLT) so I can reset bearish spreads. I’ll keep you posted …

Live and Trade With passion My Friends,

Griff

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