SUCCESS STORY

Hi Jerry,

Feb 25^th 2011 I bought 100 April $33.00 calls of SLV at $1.43 ea. Sold them March 10^th at $3.10 for a profit of $16,200.00 or 116.7%!!

March 9^th 2011 bought 100 July $35.00 calls of SLV at $$3.24 ea. Sold them April 20^th at $9.45 for a profit of $62,100 or 191.6%!!!!

I sold them because I wanted to take some profits but also because I had researched the ETF AGQ. As I understand, AGQ is double leveraged or it moves up or down at double the price of silver on any given day.

So on April 20^th I bought 20 contracts of the AGQ $310.00 May calls. I then got nervous that with only 30 days till expiration I would have too much time decay, so I decided to sell those in favour of a further our expiry.

I sold 6 contracts April 21^st at $48.50 for a profit of $9300.00 or 68% in one day. On Tuesday (conditions favourable) I will sell the remaining 14 May contracts and probably buy

$340. or $350. June contracts.

So to date on Silver I have made over $90,000.00, banked around $45,000.00 and reinvested the balance of my original outlay.

Many thanks for you help and advise.

Kind regards

Richard