Saturday, May 7, 2011

Silver corrects

http://www.goldmoney.com/gold-research/silver-corrects.html

For what it's worth, I've been buying as silver tanks, and longs are panic selling.  If I liked silver at $50, I really like it at $35.  And if it drops even more, I'll like it even more, and nibble down, with an eye for my cash position.  Always have dry powder so you aren't forced to liquidate should the market go against you.  There will be a bottom, but it is impossible to know exactly where and when.

See disclaimers in the side bar.

Disclosure:  long silver equities.

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