Tuesday, December 1, 2009

"Break on thru to the other side!"

Silver has broke 19 with force, we are starting a true bull run in silver, I expect it to get to $50/ounce within a few years and eventually top out over $100 per ounce.

We filled the gap I talked about at 1070, and instantly rebounded. 1115-1120 looks like it still wants to be met, I would short above 1100 and take profits under 1100, pretty simple strategy right now.

COF and banks are down today, and that is my main short.