Later today the G20 meets to discuss the future of our world economies. Here is some commentary on what to expect: http://www.cnbc.com/id/15840232?video=1640480430&play=1.
So the real question is how do we play this? Precious metals, miners, China lotto plays, or tech? At this point the market is patiently waiting the outcome of G20 talks, personally I don't think much ever comes out of these meetings. I'm looking at getting ahead of this simply because everyday next week is a scheduled POMO day. Tuesday might have acted as an SOS / warning with the major intraday correction in Silver or it could be screaming a great buying opportunity right now. Personally I think Silver is a spring and can only be held down for so long before exploding higher.
I'm looking at playing this to the long side with call options. Looking at HEAT, SCOC Dec 10s, maybe Nov 30s on SLV.