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iShares Silver Trust Message Board

  • cartman_sez cartman_sez Feb 11, 2013 8:53 PM Flag

    Day to day

    Warren Buffet said the market is irrational day to day, but very logical over a longer period of time. It is quite nauseating hearing most of you worry/whine about the day to day travails of the silver price. Yes, deal with it. It goes up, and it goes down; usually within a band. I pay it absolutely no mnd. I'm long silver, and I mean long. 1000s of ounces buried in the ground. You either have faith in the price over the long haul, or you don't. With countries seemingly in a fist fight to debase their currencies, logic would seem to dictate that price will rise. Additionally, I like the fact that silver is heavily used in industry and growing year by year with much of it being non recoverable.

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15.53-0.01(-0.06%)May 26 4:00 PMEDT