בס״ד

Reinstate the Holy Qorbanot! (Along with that great PM trade – WPM/GLD)

Posted on July 28, 2020

We’re coming at you early this week because the holy and downcast convocation we know as Tisha B’Av falls on Thursday.

Jews and Noahides know this as the saddest day of the Jewish calendar – may it be the last of its kind.

And may we all be redeemed speedily in our days.

We’ll be offline from the evening of Wednesday, 29 August through Thursday the 30th.

Feel free to contact us before or after those hours with questions or concerns.

And may a reinstituted sacrificial service become a reality this year!

And with that, we return to this week’s trade.

We’re actually returning to a former trade – one that paid off wonderfully for us in just the last month and that we believe now offers additional benefits – if we play our cards right.

The Old is New Again

The first iteration of our WPM/GLD meisterburger was launched in Two Way Straddle in the Precious Metals – A New Angle, and all the closing details for the trade can be found HERE.

We netted a 4560% gain on that one, and since then the precious metals have surged.

It’s our contention that we can double the results of our first effort by reinstating the trade today with slight modifications.

But before we get there, have a look at the two securities charted against one another year-to-date –

As you can see, WPM is in the habit of outdoing bullion like a slingshot beats a shot-put.  And with both stocks pushing well into the ether, we could well see a devastating ricochet akin to Al Unser Jr.’s 1974 Indy crash, that sent axle grease more than 800 yards beyond the speedway.

May the G-d of Israel help us!

With the assumption that WPM will continue to swing like a royal simian around her more cantaloupe-colored cousin, we’re writing the following

The worst that could happen is WPM could blow up as a corporate entity – or its executives could get caught in an Antifa rally with the wrong signage.

And while both may be possible, we see little odds of either occurring over the next three months.

In short, it would take a great deal of mismanagement to mess this one up.

Many happy returns,

Matt McAbby

 

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