Monday, November 22, 2010

BAC about to fall off a cliff?

The chart on Bank of America is looking nasty right now. I would not want to be in on that stock. Its looking like the banking industry is going into panic mode 2.0, another few banks will have to go under before this is all said and done.

Monday, November 8, 2010

Up 115% on my physical silver purchases since April 2009

Folks I'm not taking profits on my silver that I started accumulating in early 2009, we will see $50/ounce guaranteed and then $100 ounce and I think we could finally top out over $200 a ounce pretty easily before this bubble pops.

In no way is silver in a bubble right now but when its get to over 200-300 a ounce is when profit taking should take place. Even at $50 I would take some profits before accumulating more for the blow off top later around 2015