I have no idea with silver anymore. We are almost at our 52 week low and the gov is shutdown, the dollar is at an 8 month low and silver is getting crushed. You think it would rise but I give up trying to figure silver out. Oh and I forgot to mention qe3 continues full steam. Ugggghh.
I got in at NAV of .53 and felt good about it
but .43 might be today for USGIF who is the 2nd leading US Ag producer behind HL.
Appears this falling knife headed to .43 cents and lower being
heavily leveraged as it is upon price of silver which is being manipulated like Au..
See 2 year charts for USGIF.