In part, in making a decision on a long-term entry point with SLW, watch AA. It will mirror most calendar events and currencies for the coming year. I would not go long or short on AA. AA moves with macro economics - the US, Europe and China. Monitor the outlook on silver by monitoring AA. It turns out that this method was the best method for trading silver in 2011. Just a thought in considering a future entry point with (SLW) in 2012. Most banks will take a position in AA - long or short before buying or selling silver.
I recall news saying his father-in-law owned a million shares in a trust and recently asked news to sell it for him. News also said he did not know of his father-in-law's ownership beforehand or news would have recommend him to sell it at $47 last Spring.
Honestly news i don't really understand ALL of that message, many times you write to me it's a little chinese , i don't speak that buddy, maybe that's why we have had our tiny problems in the recent past.Just misunderstandings.
I burned NOmerde on the EXEL board. With his bs 200 day moving average .
I will continue to put his bs where it belongs everytime he opens his trap , just for the sport of it...
Past methods might not work in the future..
Hi news, i also want to make a long term buy in slw and/or slv .
I see 2 prices to get in . 25/26 or 17/18 , big difference between those 2 ranges..Maybe i make a small purchase soon. I have a lot of cash i need to put to work. I sold around 34 .
I also like the small miners etf , gdxj.
Timing is key and obvioulsly the hardest. see ya.
Just holding cash will give you nothing(but i hold 90% in cash). At least SLW give's a dividend, in this deflation rising unemployment global economy. My thought's with all the politic's of the republican's, as of now, I would vote for Mr. Obama.I would not vote for a tea party in an already deflation economy.The republican's are bad new's in this deflation economy.
I am finding that AA is rather independent of metals, as a recent five percent pop in aluminum did nothing for the company.
AA is a purely industrial play. What you're implying is, that in the event of a recovery, which would result in more planes and cars using aluminum, the industrial side of silver will take it higher in the absence of currency play issues.
If you're using bellweathers for industrial robustness, AA with its application in lighter cars, whether they carry battery power or traditional combustion engines, is the metal of choice, and has been used in exotica for decades.
There are a couple cars in the latest Car and Driver using scads of aluminum in future most recent issue.
The lag time however, between aluminum and silver, if AA leads, shouldn't be significantly long. I would think the spread of cellular phones, all of which carry a small amount of unrecoverable silver, would move quicker than $25,000 cars.
I guess we'll see.
AA has a target end of 2012 price of $13. Kitco recent silver article claims to see $60 in silver's future next year.
I think it's more like $10 and $42 respectively about mid summer. Just after the euro fails and the PIIGS have to start all over after they toss the paper they've been selling this past decade.
About the time we get revelation just how much US dollars are at stake in prolonging that agony. At first we'll get the dollar pop, then the drop, when that comes apparent.
End of Spring.
Ahhhh Spring...I think that it'll be a harbinger for the hot summer, perhaps even another long, hot summer. Wars, you know, typically start in the spring when old men's fancies turn to bloodshed and empire abroad and to domestic strife at home.
They are gearing up for something.