NO rationale for SLV joke to trade above 2.00 per share
Ladies, ALL these sick DYING silvers are OBSCENELY overvalued, given that they have FAILED over and over again as "flight to safety" assets during financial storms (whenever Dow or Nasdaq tumble, the rotten golds and silvers tumble too)....during currency crises (the Euro crisis did NOTHING to lift silver or gold)....and even during wars (the recent MidEast war saw both gold and silver tumble).
Ladies, if these USELESS golds and silvers FAIL as "flight to safety" assets, there is NO rationale of any kind to own a single ounce or buy a single share in all things related to gold and silver.
I warned more than a year ago about the DYING golds, silvers, and rare earths....and, ladies, there is NO denying I got that 100% RIGHT......and now we come to HELL MONTH for all things gold, silver, and rare earth.....and watch MOST of them tumble into the PINK SHEETS, sooner than later.
If you haven't obtain one helluva lot of PUTS in these sick FATALLY WOUNDED golds and silvers, well, kiss ALL your long $$$$$ GOODBYE!!!
If you truly believe that Silver will crash and burn, then great. Go into "options" and purchase a PUT. You should have no trouble finding a "PUT" at a great price. In fact, the January 19, 2013 PUT for SLV $27 is 5 cents per share. SO, for $5,000, you can have 100,000 shares. That way, when the price of the stock plummets to $2 per share, next month (as you said), then you will have $25 per share, or $2.5 Million!
Oh, boy! You're practically on your way to being a millionaire by listening to your own good advice!!!!! Aren't you lucky? Hurry, before the stock plumets, today!!!!!
DISLCAIMER: I don't believe any of this non-sense.