Re: Sold my may 36 si. call for 1.02./Trades
I hear ya.
And I must admit, although I expect silver to attain a minimum of $65 (More like $100) it is mostly just because that is what the longterm downtrend wedge points to once it broke out in 2001...from it's 21 yr. consolidation...and I think of course this 2012 hype will feed it as well going into late next year...
But I AM getting (slowly) less bullish now, after all, at $40 silver we will have had a 1000% gain from the lows...but $100 would only be another 150% rise from there!! From this perspective the best part of the run is behind us already......(percentage wise...)
Now I just have to figure out what to trade my phizzycal for, since I DO NOT have much confidence in paper currency.....maybe I can find an old farmer willing to trade a chunk of his land? LOL! That would be good...
On a very positive side note.. as of now, I GOT BACK ALL MY CASH VALUE FROM MY DIVORCE!! YAHOOOOO!! How many can say that?! When we divorced Silver was at around $16 or so...so I got all that value back now...
Cheers!