SLW and ALL USELESS silvers remain OBSCENELY overvalued
Given that these forever pathetic golds and silvers FAILED as "flight to safety" investments during ALL recent financial storms....ALL recent currency crises.....and ALL recent wars....therefore there is NO rationale of any kind to own a single ounce or share of anything silver, gold or USELESS today.
SLW doggie SHOULD be trading at 3.00 or less TODAY....and by the time the silver BEAR market smoke clears, that is where I expect it to be....sooner than later!!!!
When the REAL inflation and unemployment numbers are taken into account and they will be sooner or later, gold, silver and tangible assets will soar. Whatever comes out of the budget negotiations other than going over the cliff will be like a fart in a hurrican to stop our runaway debt.