Why Smart Money Is All-In on Gold

Hey it’s Garrett. 

Eric Sprott just bought more Hycroft Mining at $14.50.

The man who's widely considered one of the top three gold market minds in the world has been buying this stock continuously since $3. It's now trading above $16, and he's still buying.

When someone of Sprott's caliber doesn't stop buying after a 450% run, you need to pay attention. 

This isn't speculation - it's conviction backed by understanding something the rest of the market hasn't figured out yet.

Following Smart Money Entry Levels

Hycroft isn't just another mining stock. This company rolled off their debt and is now operating debt-free while gold and silver break out to new highs.

Sprott didn't become one of the world's most successful precious metals investors by chasing momentum. 

He spots value before it becomes obvious. His continued accumulation at these elevated levels tells you everything about where he thinks this is heading.

But here's the key insight: you can follow his playbook without paying current market prices.

Some Ways To Play It

Missing the initial move from $3 to $16+ doesn't mean you're locked out. There's a systematic way to position yourself to buy what smart money is accumulating - at levels where they've been buying.

The Specific Setup:

If you want to play things safe, you can sell an OTM put spread, the only issue is when you go further out, the liquidity isn’t there, and the spreads are not tight enough. 

Which is why selling puts naked might be a better option here. Just keep in mind, when you are selling puts naked, don’t overleverage. 

The Repeatable System

This isn't a one-time trade. As long as Sprott keeps buying and the precious metals bull market continues, you can sell puts at levels where smart money accumulates.

Every month, you either collect premium or acquire shares at discount prices. It's following smart money with defined risk.

Reading the Smart Money Signals

Sprott's continued buying from $3 to $16+ isn't market manipulation. This is a fundamental bet on physical assets in a world where central banks are printing money at unprecedented rates.

Silver is hitting new highs. Physical metal shortages are real. Hycroft represents direct exposure to this trend - it's literally gold and silver coming out of the ground.

The Bottom Line

Eric Sprott's relentless accumulation of Hycroft Mining isn't speculation - it's positioning for continued strength in precious metals.

You can follow this playbook using put spreads to systematically build positions at levels where smart money is buying, with limited and predefined risk.

The smart money is buying. The strategy is clear. The setup is repeatable.

For a full breakdown, watch my video from this morning’s session. 

Stay Positive,

Garrett Baldwin