I sold three of my non-US ETFs. Does the US follow? I don't know but the chart actions told me to sell and take profits and keep the loses small.
Silver has had interesting news over the last two months. The large short positions and the law suites against the large banks that supposedly have them. If they have to buy to get out of there positions then SLV ETF will raise. Also the ratio of price compared to gold shows that silver has not been keeping up with gold's raise. An other reason silver could go up.
I am not investing in silver, I am taking a bet that in the next two months silver will pop up. The bet I took is two option contacts on SLV April 34 calls. Will need SLV to go above $35 to profit. The bet only cost me $93.
System-A is still on a buy signal.
Happy trading/investing
Ben
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