The gold and silver train are slowly pulling out of the station. Are you on board? I am looking for every opportunity to purchase gold/silver related stocks. I'm hoping we will get a pullback... It would not surprise me that we drop from here to shakeout the jonnie-come-latelys only to resume its uptrend.
Looking at the behavior of the GBP lately has me really excited. Despite all the bad news for the dollar and other major currencies rallying against it, the GBP has stagnated. It has the smell of a good short. Two ways that I envision playing it out. One an outright short of it (or puts). The second way is to initiate a bearish spread trade with options.
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