Thursday, May 16, 2013

Silver milestone

I've reached my target silver oz yesterday, 15th May. After about 3.5 years of collection! Through those years, I actually sold some 200oz - part of my collection - in 2011, near the peak of the silver bull run. It was going up 60-70% in just a few months. There were too many bullish short-term speculators in the market.

It is very tempting to buy more given that prices have come down substantially recently.
I have been doing research on agricultural commodities. It might be a good chance to start buying when a crisis hits this year or next.

I'll still continue to short the US 30-year bond. Surprisingly my positions have been in the green since I started shorting it a few months back.


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