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« Think Silver Has Gone Parabolic? 1980 was 5 Times Faster! | Main | Silver Wheaton Corporation: Lackluster performance of late »

Happy Easter Silver Bugs

silver chart 25 April 2011.JPG

Good Day Silver Bugs,

Well, here we are on Easter Monday morning, down under, and half the world is taking a well earned break, including us as the Jazz Festival has been on song this year.

Not that we have an addiction to the charts or watch them all the time, but this is an opening that we thought would bring some cheer to your day as silver prices continue the charge north. We don’t have to stretch our imaginations too much to visualize fifty dollar silver this week.

Hold tight, here we go!

Gold prices have also joined in the fun and are up $9.40/oz to trade at $1512.80/oz.

Over in the Options pit, our model portfolio has managed an average return of 40.51% per trade, 70 closed trades, 68 closed at a profit, or a 97.14% success rate. Average trade open for 42.21 days.

sk charts 19 April 2011.JPG

The above progress chart shows our performance when profits are re-invested, however, to see exactly how it is going, please click this link.

So, the question is: Are you going to make the decision to join us today.

Stay on your toes and have a good one.

Got a comment then please add it to this article, all opinions are welcome and very much appreciated by both our readership and the team here.

To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address. (Winners of the GoldDrivers Stock Picking Competition 2007)

For those readers who are also interested in the silver bull market that is currently unfolding, you may want to subscribe to our Free Silver Prices Newsletter.

For those readers who are also interested in the nuclear power sector you may want to subscribe to our Free Uranium Stocks Newsletter, just click here.

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Reader Comments (2)

Hey bears, hold tight, do you know where we go ? To 6.60 silver! Again, in words: six bucks sixty cents, by spring of 2011 (i hope).
BTW, for the bulls, this is called an 'Island top' or 'OOPS pattern'. Check out the investopedia,

April 25, 2011 | Unregistered CommenterDi

Hello Di,
I have been reading your Contrarian opinion from time to time. I also believe that phenonoma do happen. So without any if's, and's, or but's how and when will you believe your prediction is underway?

April 25, 2011 | Unregistered CommenterJohn Ell

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