Spot silver reached a two-year high yesterday, and this milestone is deserving of a post in itself. Since 2021, silver has been the ugly step-brother to gold - unloved and underperforming. Those trading silver have had to content with a choppy $18-29 range (fortunately I’ve been net positive trading silver in the Fidenza Macro portfolio).
What are your thoughts on your China A50 futures position? I see Hang Seng and the A50 hitting the resistance level here on declining volumes. Do you think it is a worthy risk-reward to add here as well for another explosive move higher, similar to what we saw in Silver?
Hi Geo,
What are your thoughts on your China A50 futures position? I see Hang Seng and the A50 hitting the resistance level here on declining volumes. Do you think it is a worthy risk-reward to add here as well for another explosive move higher, similar to what we saw in Silver?
Thanks!
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