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Re: St John post# 9513

Monday, 02/25/2013 6:22:26 AM

Monday, February 25, 2013 6:22:26 AM

Post# of 26039
I wish I had the cash to go about 2 or 3 months out and buy GLD $155 Puts and $155 Calls. I think GLD and SLV this week may see an upside....but not a trend. I think we are just at a consolidation point to see what the rest of the world and market is going to do. I would think to go with Calls early in the week, but be prepared to change while if GLD breaks $151-$150ish mid $140 will come quick. Please see chart and comment....These are not my charts or comments, but this is how I see it.SHOULD YOU BUY GOLD?. Also all other dumps of corrections as they call it have all went 15 - 20 points down we are at 10 now. Look at weeklies from end of 2011 and early 2012 to see these drops. These are just my thoughts and opinions. Also thanks for the great input on SLV from St. John!

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