Mission accomplished.

Multiple purchases over the years. Now completely disembarked. For the longer term, my expectation remains that the silver and gold price will rise much further. In recent times, however, the increase has been very fast. The chance of a short-term relapse therefore increases. It also has to do with the way the ETF website works. The intention is to get in and out often. To get some profit in the books that way. If I see buying opportunities with the gold and silver ETF again, I will take up positions again. However, now is the time to secure profits.

The increase has been very fast lately. Reason to take a profit.

The annual target was 25% return. Now after only 6 weeks a large part of the goal has been reached. Corona, and economic growth creates uncertainties that make me more willing than usual to take a profit.

Mission accomplished.

A total of three purchases from 3/26/2020. The oil price (Brent) has risen above $ 40 today. Although the lockdowns are lifted, the economic damage remains large. It will be a long time before the demand for oil returns to its pre-corona crisis level. As a result, the oil price has become even more dependent on production restrictions. American shale oil companies often need a price (WTI) of at least $ 50. With $ 40 for Brent, the major oil-producing countries can already make a profit. This can ensure that efforts will be made to prevent WTI oil from rising well above $ 40. Because pushing the American shale oil sector out of the market will still be a goal. OPEC can therefore decide to increase production a little again at an even higher oil price. Reason to grab the profit with a nice return in a relatively short time.