NO surprise to read silver SUCKERS mocking my superior trading skills
Ladies, you can make fun of me all you want....all I can tell you is I've been warning the silver and gold DUPES away from those two USELESS metals for more than a year.....and, although AG has done better than most other sector members, you can NOT deny the silver and gold sector have been TERRIBLE performers this past year, with most trading closer to 52 week LOWS than highs.
So on a pure RELATIVE basis, AG MUST DIVE sharply soon in order to match the rest of its sector members.
Reason: both gold and silver FAILED completely this past year as "flight to safety" assets, FAILING to rise during financial storms (the metals FALL whenever the Dow or Nasdaq FALL).....FAILING to rise during currency crises (the EURO problems caused gold and silver to FALL)....and FAILING to rise during even war (the MidEast War caused metals to FALL).
As such, there is NO logic of any kind to own a single ounce or a single share in anything with the name gold or silver attached.
For that reason alone, smarter pros are loading the boats with shorts, particularly IN THE MONEY PUTS, in anything associated to gold, silver, and all things USELESS. The sector has become so BEARISH that smarter pros are utilizing NAKED short positions on a maximum leveraged basis, knowing full well that ALL PHONY gains are typically ERASED in day, often in mere HOURS!!!!
Ladies, live and learn from your intellectual superiors, Live and LEARN!!