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Silver Wheaton Corp. Message Board

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  • lancekoliver lancekoliver Oct 18, 2012 2:10 PM Flag

    when to get long silver

    Excuse me if you've already answered this, but for an expected move in silver do you prefer to buy calls in SLW, SLV, AGQ...?

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    • Suffice it to say, whatever appealing rally was building earlier in the day, was negated by the end of day. The call buying was real small, more like nibbling. When I buy them, I buy Slw calls.

      A week or more ago CSCO ceo was at the Clinton thing on a panel with blankfein from GS and another ceo, what struck me from that interview was the first ceo saying china's growth is more like 2 per based on their cscol numbers. Since then I've seen a dozen other ceo's of international conglomerate base infrastructure companies say the same. Now, apple, IBM and the latest Google are all getting a beat down. Something isn't right. After yesterday I think I have to start looking at selling or shorting every rally.

      The calls I bought yesterday were paid for by my day trading silver, so I can't lose on them in my net profit way of thinking. I think everyone should be real cautious on everything including pm's.

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