*In my continuing quest to streamline the number of holdings in my portfolio, the break even limit order I had for Searchlight Minerals Corp (SRCH) at 69 cents was hit - taking me out of that position. The technicals actually look quite good for SRCH and should gold rally from here, it should do very well.*Click on the charts to ENLARGE*With roughly the same funds I purchased Proshares Ultra Silver (AGQ) at $130.40. At the time I made this purchase it was somewhat clear that the US Dollar was not going to immediately make a higher high. *However, the AGQ price movement was not particularly impressive after my purchase and into the close. This may be a position I just continue to hold as we await the outcome of the US Dollar/Gold contest currently being waged. If ultimately it appears Gold is going to break higher I will simply add to this position and initiate others. Otherwise, I am prepared to stand still and take a loss on AGQ should the US Dollar convince me it has already made its yearly cycle low.*My TSI Trading record has been updated.
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