With Bernanke on the job for at least another 4 more years, QE to infinity is intact - which means inflation hedges like Silver will be money in the bank for investors.

We've been pimping silver since $27, and we were dead on.

They are First Majestic Silver (AG), Endeavour Silver (EXK) and MAG Silver Corp (MVG).

First lets take a look at the iShares Silver Trust (SLV) Chart.

Here's why it is time for the metal to shine again soon.    

What's a Covered Call?

The covered call is a strategy where an investor writes a call option contract (sells an option) while at the same time owning an equivalent number of shares of the underlying stock.If this stock is purchased simultaneously with writing the call contract, the strategy is commonly referred to as a buy-write.

While you may have heard that trading options is risky business, covered calls are actually a very conservative strategy, and most brokerages even allow retirement IRA accounts to write covered calls.

Back in December, we posted this chart of our prediction for Silver. The chart in black is our original from December 2011. The green chart is where the SLV is at today, with some minor adjustments to the head and shoulders pattern that we predicted.

Where is Silver going from here?

February is set to be another excellent month for Silver bulls.  However, it has run too far, too fast, and needs to cool off before making the next run up.