Japan Tsunami

So a great tsunami has hit Japan and it seems like the nuclear rods are not under control.  That's going to bloody awful for Japan and the rest of the world.  If you're living in the west coast of the US you must get some iodine tablets, now.  Better to prepare for the worst then regret later.

Silver is battling resistance at $36.  Rumour posted here

http://tfmetalsreport.blogspot.com/2011/03/questions-continue.html

talks about how JPM's losses are exponential once silver hits over $36.  Oil is currently around $100 and change.

My portfolio's currently down more than 100K.  We'll see how it comes along in the next month or so.  I've learnt to relax and not trade in and out, so 100K?  No biggie. ;)

Silver silver silver

I'm mad about silver nowadays.  This bull market is going absolutely berserk.  A high of $36.60, Silver spot is currently trading at $35.99.  Silver has been slowly griding against oil for the past 2 years.  The Silver to Oil ratio is currently 1:3.  I expect this to fall to 1:2 and based on the graph it looks like a double top breakout will happen very soon.

I expect oil to hit $200 within the next few months.  At that point Silver might trade at $100.

Hi ho Silver!

This year is turning out to be so far, life changing in so many ways!

The greatest bull market in our lifetimes!

I'm just super excited, Gold just made a new high in USD terms and Silver is at a 31 year high.  My head is spinning and I'm getting light headed.  Damn I'm excited.  Better not say anything to jinx myself but I think it's written in the stars that my time has definitely come!