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SLV

May 23, 2011 5:04 AM ET
golfitobob profile picture
golfitobob's Blog
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Well, the world markets are down strong an the 10 yr is @ 3.08% at the moment.

Amazing that the largest debtor nation  ( yes us the US ) is still where the world is running too. Debt celine........scmeeling.......... I am truly amazed. Nothing but Treasury's paper. Could it be better the bullion ?????????????????????????????

psssst ............... nah !............it's just TIME.......the magic word .............

I sold  300 SLV at 33.80,99, 34....... Needed 3 trades ! going a bit lower.....

Bought 100( of 300) ZSL at 19.96 an nothing else cheaper than SLV........ Looking for 200 more  IF.............

If SLV drops more than 1.25 I will look to sell the ZSL ......... Hopefully I can get 200 more without overpaying before or near the open.........

I had liked TBT to short the US Bond's ,but, the 34 Stop Loss  made just a few dollars and I guess........... Benny da  Fed........... is smarter than me. The world loves the US bond despite what all are creditors are saying. There all doing ,(buying) an  the the giant question for me is will the  yield hold at 3 %.........

                                                                                            chao

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