Replies to post #128 on THE HIDEOUT

[Lord DarkHelmet]

after taking a beating last year in the market.

hmmmm....sounds familiar.

I was listening to some audio stuff on CNBC and 1 guy thinks silver may hit ~$70 / oz before year's end. Dang!.

He was saying to watch for June 30th. It is when the most recent Federal Reserves Monetary easing II policy ends. He was saying that if they don't "ease" some more, then the market is in for a huge crash....maybe even before then in anticipation of not extending the policy.

Next few months may be a good time to either be shorting the market or being long in hard metals....

Attached is SLV and GLD....ETFs for silver and gold respectively. There may be alot of opportunity to capture some profit on these this year....I opened A PUT credit spread on GLD at 146/145 last thrusday, expiring same day and made 10%.

SLV daily chart...



GLD daily chart...

[Bill The Thrill]

Silver -> RBTI