Dec 10-14 '12 Eco Calendrudge: Molto Economindo's FOMC/MTG/CPI/PPI M-O-U-S-E
Long what exactly? If you bail on SLW or any other equity, you have to hold dollars and that, too, is a dicey situation. Frankly, I think SLW is much safer than dollars, not as good as metal in hand, mind you, but safer than dollars in any case.
I say that because of the growing likelihood that the SCO will roll out a proportionally gold backed currency, as much as 40% some say, and were that to happen, dollars, along with all other fiat, becomes immediately passe.