BATS:SLV   ISHARES SILVER TRUST
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Here is my commentary from last January 2012 (over a year ago):
"I VIEW SILVER             ( SLV             ) as an attractive entry candidate on long side here. Back in October I saw that QE~ was unsuccessful at generating any new momentum in the price of silver             and I felt it would undergo a correction.
Now that correction has lasted several months and the price has settled back down from the $33 level to the $29 area and I think the price will work itself back up to the $32-$33 area over the next three months, which is close to a 10% gain and a reasonable return given the risk (which I think is low).
I am comfortable owning silver             due to its compelling fundamental supply/demand situation.
Happy New Year to all!
Cheers.
Tim January 9, 2012 12:24PM EST"

After that commentary the SLV             did provide an attractive 10% return inside of 3 months.

Once again, it seems that this pattern is setting up again, but instead of it starting from January in the typical "January-effect" kind of way, it had to get even more oversold by going sideways to lower relative to the overall stock market . Gold             mining shares have been taking it on the chin, sliding sharply in the first quarter so far.

So, I would like to re-iterate this buy signal and encourage you to look at silver             as an attractive long here with 10% upside potential over the coming 3-6 months.

Tim March 11, 2013 3:23PM EST
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