Saturday, April 30, 2011

Thursday, April 28, 2011

Breaking Down

Breaking down is all you can say and maybe even accelerating. Take a peek at that little tail. Notice how it didn't just drop below $74...

Trade Update: EXK JPM SLV

This is not a normal trade update, but some of you may find it interesting. It is an interview of Endeavour Silver Corporation CEO Brad Co...

Trade Update: EXK

Was that the break? In the April 21st trade update for Endeavour Silver Corp. EXK , I mentioned that I expected a big break from the triang...

Wednesday, April 27, 2011

Trade Update: SLV

Wow! Up $2.97, that is the greatest one day surge for SLV that I can think of. But that is not all I see. I also see a double top, at least...

Trade Update: SLV

Was that the pullback? Silver traded up to within pennies of it's all time high of $50 early Friday and pennies beneath $45 for a time ...

Max Keiser and Matt Taibbi on Short Squeezes and Corners

This week Max Keiser and co-host, Stacy Herbert, report on the world fleeing the dollar flood and the dollar fraud and about Jamie Dimons ...

Tuesday, April 26, 2011

Trade Update: GLD

put stops in at $145.45

Trade Update: SLV

put the stop in at $43.39 for SLV

Trade Update: SLV

I have no idea what will happen on the open, but don't flip out when SLV gaps down. And whatever don't trade in the first 15 minut...

Trade Update: SLV

Well there it is. The SLV going hyperbolic on hyperbolic volume as well. But this cannot go on forever. It looks like we will have a pullba...

Monday, April 25, 2011

Trade Update: OIL

We entered into a full position in OIL back in January at $25.35. Shortly after OIL busted through resistance at the $26 zone and rocketed ...

Peter Schiff on Fast Money

Just in case anyone thinks I'm the only one saying it, listen to Peter Schiff on gold and silver.

Sunday, April 24, 2011

Trade Update: GLD JPM SLV

To look at the charts of GLD and SLV you can't see why I'd be concerned about a total loss in those positions. But silver isn't ...

Saturday, April 23, 2011

Trade Update: JPM

I have been thinking and rethinking our short position on and soon to be death of the criminal house of Morgan. In the video above Bob Chap...

Thursday, April 21, 2011

Trade Update: EXK

Winding up is all you can say about Endeavour Silver Corp. EXK. You can see what I'm talking about by looking at the chart action for t...

Wednesday, April 20, 2011

Trade Update: JPM

Today is a very interesting day for our short position and possibly JP Morgan as well. Today JP Morgan closed down nine cents at $44.56 whi...

Godfathers Of Earth - Rothschild Family

Trade Update: GLD

We went long GLD in Feb 2007 at $86.89, sold at $90.44, bought again at $91.47 and sold half of those shares at $130.50 and the other 50 sh...

Tuesday, April 19, 2011

Live Trade: GDX

Take a 1/2 position in GDX right here at $61.07 with a stop just under the 50 day moving average ($59.18). Buy 50 shares GDX at $61.07 Sto...

Monday, April 18, 2011

Trade Update: AA

We were just stopped out of AA @$16.04

Trade Update: AA

Alcoa Inc AA gapped down below our stop at $16.47. It opened at $16.36 so we are still in it despite having the stop in. There is no reason...

Sunday, April 17, 2011

The New Raw Deal

History doesn't repeat, but it rhymes and these days it sings in harmony as well. In 1933 the great depression was in full swing, the b...

Thursday, April 14, 2011

Trade Update: AA

After the run up to $18.5 a pullback in Alcoa AA was not unexpected. Even the large gap and sell off did not worry me, but when AA fell und...

Live Trade: AG

take a 1/4 position of AG Buy 25 shares of AG at right here at $23.94 Stop at $17.50

Wednesday, April 13, 2011

Trade Update: EXK

We are long 50 shares of Endeavour Silver Corporation (EXK)from $9.49 on March 9th. EXK is trading for $11.47 today. Lets move the stop up t...

Live Trade: EXK

We are long 50 shares of Endeavour Silver Corporation (EXK)from $9.49 on March 9th. EXK is trading for $11.47 today. Lets complete our posit...

Friday, April 8, 2011

Live Trade: JPM

We are going to enter into half of a short position on JPM via the previous post . Sell short 50 shares of JPM at $47.20. Buy Stop at $49....

Thursday, April 7, 2011

Crash JP Morgan And Burn

JP Morgan is on the gallows. Don't be distracted by the $20.8 million hauled in by bankster in chief Jamie Dimon, in a few shorts month...