as i just posted on another board...JPM is only beginnin to feel the PAIN..IT will get alot worse...We may have another lehman like moment....every entity that held the paper ag short for the fed went BELLY UP!!! weeks or monthhs is only question?????!!!!
You are dead on! Many people don't understand what is going on. But the crack in the derivatives market last Friday is only the beginning of the end.
By the way this company is much better than anythiing I ever imagined. I went to the hard asset expo and asked the one of the top members (I can't remember if it was the CEo or another top board member) about dividends. He stated that he mentioned this topic going forward that AUnff would pay a dividend!
Of course he said first we are getting the new mine on line. He showed one of the first bar pours. the bar weighed just over 4 lbs. I said jokingly see ya as I walked off with the bar. I gave it back and the other there all laughed.
So this company is doing great. This is one of the best silver stories of the commodities sector. When silver goes back to 50 or more an ounce we will see 5,6 maybe even $7 a share maybe within a year or 6 months. It will happen quickly too. One day we are going to wake up and all the prices will be out of control. Thank you derivative market...well not really. This whole financial system stinks
I would start aggressively buy more shares if not tomorrow then by the next week at the latest.