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Re: Silver!

By: DueDillinger in CONSTITUTION | Recommend this post (0)
Fri, 03 Feb 12 3:20 AM | 52 view(s)
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Msg. 17284 of 21975
(This msg. is a reply to 17282 by lkorrow)

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I have a nice physical silver position that I won't touch. I'm also accumulating a goodly short position via ZSL calls to profit from the inevitable smackdowns along the way. As silver rises, the double-short calls get cheap; when silver craps out the calls rise, so I cash 'em and buy more bullion at the lower price. Works as an excellent method to profit from price rise and build physical holdings. Lather, rinse, repeat.

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The above is a reply to the following message:
Silver!
By: lkorrow
in CONSTITUTION
Thu, 02 Feb 12 9:05 PM
Msg. 17282 of 21975

Jim Sinclair says silver will likely rise 500% in this wave, unless it drops to $26.

He had previously been a silver bear.

Due called this first.

http://www.jsmineset.com/2012/02/02/new-ew-silver-discovery/


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