NBS on Nostr: I'm always long physical gold and silver for the long-term, but I often use the ETFs ...

I'm always long physical gold and silver for the long-term, but I often use the ETFs to leverage up and swing trade.

While I've been long SLV from buys in 2021/2022 (avg $20.39), GLD is starting to look really good for a swing trade.

Main reasons:
1) Dollar looks like total shit. Dollar weakness = gold performance
2) Silver crushed its down trend, broke out from lower highs, well off 200 day avg
3) Gold similar breakout to silver but stalled relative. $ weakness should keep pushing it higher