Thursday, February 10, 2011

20110210 1427

DJIA 12,213.36 -26.53
NASDAQ 2,785.95 -3.12
SP500 1,319.68 -1.20

Precious metals were pushed down overnight and have stabilized. Silver (not SLV) tested 29.7 then went higher. This is a good sign for precious metals.

If the long bond drops further, The Federal Reserve and The Ben Bernank (through their primary bond dealers, open market operations, and trading from their secret accounts in the Cayman Islands) will fail in their mission of manipulating normal credit cycles.
Place your bets.











GLD 132.88 -0.19
SLV 29.41 -0.11
PTM 21.65 -0.24

AGQ 147.95 -1.18. Bought more at 147.95. Depending on price action, may take one more piece tomorrow morning.

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