$5.5k bet on $SII Calls, $7.5k gain so far, exp in August

Bought 10 calls for Sprott Inc (ticker: SII) expiring as far in the future as was offered, in August. Total damage was $5488 so about $549 per call, before commission, for those who have challenges with arithmetic. Strike was $135 and well out of the money at the time I purchased (shown in second image), but closing in, so far the gains have been over $7.5k as these same calls are now going for $1300 or more on a good day. It’s only been one week. Let’s go. Reasoning: ETF boom + precious metals boom = big precious metals ETF company BIG BOOM!! Actually I think precious metals are pumping like crazy (and will continue to) because the debt has to be inflated away so cash is trash, crypto is a spent force and no longer doing much, and the stock market is stretched to the extremes right now. Also, every time Donnie pumps and dumps the market like a Solana shitcoin, trust is lost in what was formerly the most sophisticated capital market on earth, and people want to park their money in safer assets (that also have had far better returns the past two years). Hence this runaway boom in precious metals. For silver there is the added benefit of industry use, and for gold there is the added benefit of geopolitical uncertainty (in large part due to Donnie) causing every country to start hoarding it instead of dollars to reduce their Donnie exposure. A stagflationary grind + geopolitical uncertainty is the perfect storm for gold to do well, similar conditions have not really existed since the 1970s, when gold did phenomenally compared to everything else except oil. The problem is this was 50 years ago. People who have spent an entire career investing have not encountered this situation because it’s been so long. My dad, for instance, was still a teenager in the 70’s and not financially active during such times as we are now seeing. Sprott collects fees, the boom in prices causes their AUM to go way higher, and at the same time this precious metals boom rapidly increases inflows to PM ETFs, effectively ballooning their AUM and revenue from two separate sources which reinforce each other in a virtuous cycle. As PM prices get higher, more people buy ETFs and so on, their base from which to collect fees increases exponentially with (unlike miners and most businesses scaling upwards) no increase in overhead. Already they’ve increased their stock dividend by 30% last year. You know why? Because fuck you, that’s why, because they just can, and their AUM increased over 50%. This business is taking off like a rocket. Eric Sprott, a mining billionaire, has waited 20 years for this moment, and it’s still hiding in plain sight despite being up 200% in the past year. Still has plenty of room to run. The market cap is quite small, only $3.4 billion for now. Could easily still double. Laters. (also I was too lazy to log into my Vanguard so you’ll have to accept my screenshots of their text receipts, can show port and other proof etc if absolutely needed though) https://preview.redd.it/2hyauvtlb9fg1.jpg?width=1080&format=pjpg&auto=webp&s=ce295026da25f6b3f9c64d88899ec0af26b2f7d0 https://preview.redd.it/qs1tl22nb9fg1.jpg?width=1080&format=pjpg&auto=webp&s=de56715ef763f95b1f052e7bef4606262514eb85