Greed is winning. Turd is getting antsy.
As you know, I exited all of my silver calls two days ago. I expected some mid-week selling pressure that could take us back toward 38.25. Hasn't happened. The darn PMs have tried to roll over but that keep catching bids at the same level every time. Because of that, the levels are now reasonably stout support that may not get violated. Throw in some WTI at $110 and ole Turd is itching to buy some May silver calls. I still own all of my June 1500 gold calls. Not touching them for a while. However, as described in this morning's thread, the May silver train may be about to leave the station. IF the pattern from February repeats, we could see $45 silver by the 21st or 24th of this month. As always, I will let you know what I decide. More later this afternoon or early this evening. TF