Thursday, February 17, 2011

SLV 60 minute updated...

Errr, go you crazy silver bugs... GO!  Some good plays being made in Ben's HyperBowl.  Buying back some Uranium exposure on the mini dip.  Buying what I think is going to be a premier gold exploration company on today's hard pull back, and watching several more things in the event silver is to lead us to the new would-be Wonderland.  It's kind of cool how Ben Bernanke is forcing me to pull some levers, but being a non crack user, I maintain my risk regime at all times.

Edit (4:41)  I no sooner post this and then find this mail in my inbox:
Hey Gary,

This is the third time I've had to congratulate you.
This time for the silver target of $31.50 reached today.

Keep up the good work!
Mark

To which I respond:

Hi Mark,

The NFTRH target was actually adjusted [to] 30 (conservative) and 33 less so.  But with all my bearish interludes on silver I don't feel I deserve kudos on this.  We'll leave that for the true believers, which the Fed Chief may yet turn me into.  :-)
Hey, have a good night all.  It's just the markets.
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