Early Hong Kong had the Silver touching the area we wrote as the low risk buy zone last Wednesday. This will now turn into a huge short term technical trade. We will send out a piece on this later today.

It’s the first day of a new Month and all short selling will have to wait until prospective new buyers show how strong their hands are. The market in general is very rich up here and you will get some breaks. We just have to see where they hold. Interest Rates should remain very low for the foreseeable future adding to the dividend Yield chase you saw in stocks such as OXY on Friday.