Riding The Gravy Train: ZSL update and silver shorting strategy going forward.

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Monday, September 26, 2011

ZSL update and silver shorting strategy going forward.

Corrected the scoring on the ZSL half-sale in the original posting below. +62% not the +40% expected. How sweet it is.

Lovely seeing the panic selling in Europe this morning, with silver falling another 15-odd percent before bouncing a bit today. We won't chase these bounces, given they are not usually of material height or duration. However if this one is, we'll be looking to buy our half-sale of ZSL back somewhere below $15.

We feel completely certain that the silver bull market is over for a very long time to come, and quite possibly gold has topped too. Please see the link in the posting immediately below for more.



We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the stocks we do, or for mentioning any stocks or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

To be notified when this blog is updated :
Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.