Silver has gained firm foot over the 41 dollar mark. It was purely awesome how the PM buyers defended the 40 level during the Mon-Wed raids, remember that Bloomberg report on the huge puts on the Silver. I told you it was JPM shenanigans and a million bucks of Monopoly money was a drop in the bucket.
Before I sound too 'Giddy', I will be taking some of the cream of the top of my AGQ's this am. Why, because I am way too over confident at the moment about my calls on the metals. I do think we get to 45 before we test 40. And if we do, do that. Then I don't think we don't 40 at all. 42 possibly, before the run to 50.
Long AGQ (STM TGT 290) Buy again in the 250's (if Lucky)
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