The ride continues

Picked up 200 SLV @ $44.07. Selling at the first sign of weakness, but right now the parabola is in full effect.

Picked up 500 AUY @ $12.75, with a stop on these 500 @ $12.20

Liquidating Miners

$GOLD price action looks scary to me today, might be due for a nasty pullback. I unloaded 1200 AUY @ $12.96. Still have a 1000 left. Got a nice 20% gain in. Of course I will buy back with lower prices.

Wrote covered calls on all of the GDXJ I own, as well.

Out of horrible price action stocks

Silver Wheaton (SLW) and Patriot Coal (PCX) price action recently has been terrible, despite the parabolic rise in Silver and the moderate rise in met coal. Sold them for a 28.5% gain and 15% loss, respectively. SLW had reached my earlier $45 price target.

Buying the dip on Monsanto

Buying Monsanto (MON) @ $70 on the earnings-induced weakness. Writing April $70 Puts, too.

Going Japanese

Adding 100 more to my Japanese market position, MSCI Japan ETF (EWJ) @ $10. Shorting the Yen via 100 of the UltraShort Yen ETF (YCS) @ $17 in the PM.

Dollar in steady decline

The federal reserve's goal of depreciating the dollar to reduce the true value of the federal government's debts is working. The US Dollar ($USD) has just closed at multi-year lows (75.61). The next level of support is @ 74 hit in November 2009. Thereafter, the all-time low around 72 hit in June 2008 is in sights. I expect that we will at least test both levels before the end of the Fed's QE2.

Meanwhile, we've begun to see bonds not behave as traditional safe havens -- by not rallying during crisis times and in some cases even selling off. While treasuries rallied a bit this week, overall yields are higher now than they were at the beginning of the year.

The Ultrashort 20year bond fund (TBT) is a great way to play this, with a stop slightly below $35. I also continue to love $GOLD and gold miners as with the currency being devalued, Gold will be a big beneficiary.

Losers

Sold SDS for an 8% loss and finally threw in the towel on PPL Corp (PPL) for a 20% loss (inclusive of dividends). Will rotate into more XLU.