I thought we’d see the 85 Jan Silver calls get elected today. We still might.

My plan has been and still is to trim some of my positions when the Silver hits the target.

The trouble is with that scenario I have doubts that the price rejection for the level will be more than a couple of dollars.

What surprised last night was the lack of reaction to a non-independent Fed in the long end of the curve.

My work says that eventually gives way to higher rates.

As in all instruments you can have a thesis but its a matter of when.

Japan or Germany for an index rally.

Some of the subscribers got on the EWJ trade.

Keep your focus on what the game is and the game is in the metals and equities anywhere but here.