Silver and Gold, with all the recent carnage in the markets these precious metals have fallen as well. It seems the market has forgotten that the central banks have cornered themselves into an endless cycle of money printing.
Good for us that the central banks can't print more gold or silver, which makes it a great buy, in my opinion down here.
This is what I was saying about SLV and GLD:
"GLD $151.62 SLV $26.96 both going to be strong in JUNE IMO. You may have seen the bottom already this year. Will be looking for calls on both at the open"
This is what I was hearing in my head when I was buying my SLV calls (taken from my favorite xmas program):
Silver and gold, silver and gold, everyone wishes for silver and gold,
How do you measure it's worth, just by the pleasure it gives here on Earth
Silver and gold, silver and gold, means so much more when I see,
Silver and Gold Decorations On My Money Tree
I own the June 8th SLV $28 calls at $.26
I own the June 16th SLV $28 calls at $.47
I own the June 16th GLD $158 calls at $1.50