Silver looking good for next week, Uranium and Bitcoin a bit suspect.

Silver is looking good coming into this week. Here are a few of our favorites, Metalla Royalty and Streaming ($MTA) and Sandstorm Gold ($SAND):

Uranium is a bit suspect.

Here is Energy Fuels ($UUUU):

Bitcoin is looking a bit suspect as well.

Here is Sphere 3D ($ANY):

Summary: Next week should be interesting, we are looking for Silver to remain strong and Uranium and Bitcoin to potentially correct before heading higher.

Taking a Shine to Silver

Silver caught a bit today with the MACD and RSI curling higher. We are looking to expand our position in Metalla Royalty and Streaming $MTA and take some initial positions in some of our favorite royalty plays like $SAND and $MMX.

Uranium continues to chop here – no clear direction up or down at this point. We will continue to write the calls on $UUUU at either $7 or $8 and expand our holdings in $DNN

Bitcoin looks good. We sold some calls in $ANY today and will look to add more common ongoing.

Uranium and Bitcoin less bad, Silver still pretty bad

Energy Fuels ($UUUU)

Today we wrote some Feb 7’s and bought some $DNN Feb 1’s we had laying around, along with some $UUUU common and some $ANY common. Uranium is looking a bit better with RSI curling up and the MACD starting to converge a bit:

Sphere 3D ($ANY)

Today we wrote the Feb 4th 2’s – it was a nice 200%+ annualized play – however we’ll probably get busted this week 🤔 cause Bitcoin is looking good:

Metalla Royalty and Streaming ($MTA)

Today we wrote some Feb $7.50’s and bought some $MTA common. Silver is not looking great to be honest. Patience.

Trades for December 20, 2021

Today we sold the following:

  • Silver Junior ETF ($SILJ)
  • Energy Fuels ($UUUU) Jan $8 Calls
  • Nasdaq Short ($SQQQ)
  • Uranium Royalty Company ($UROY) Jan $5 Calls
  • Sphere 3D Corp ($ANY) Dec 23 $4 Calls

and we bought the following:

  • Metalla Royalty and Streaming ($MTA)
  • Energy Fuels ($UUUU) Common Stock
  • Energy Fuels ($UUUU) Feb $7 Calls
  • Uranium Royalty Company ($UROY) Common Stock
  • Uranium Royalty Company ($UROY) Feb $5 Calls
  • Sphere 3D Corp ($ANY) Common Stock

Daily Boost 09.04.2021 Shine On Uranium

Uranium continues to shine as Sprott removes supply from the market at breakneck speed with their Sprott Uranium Trust vehicle. It will be interesting to see how spot moves next week – will it continue to march higher or take a breather?

In other news, bitcoin is back over $50K, gold and silver got a pop and will oil become more volatile with these missile attacks in Saudi Arabia?