I will continue to put my money into gold and silver as well as mining stocks.
Remember the sell off was in paper gold and silver. Whomever bought the paper just may and will probably ask for DELIVERY! MY GUESS IS CHINA OR RUSSIA Where is are tne metals going to come from. The true
believers in gold and silver will not let go to save them. Paper gold is just that PAPER GOLD WITH NO SUBSTANCE TILL DELIVERY. GOOD LUCK TO THE PAPER GOLD HOLDER GETTING DELIVERY.
Think this gold-silver drop is the move by the big boys to extract a lower price so they can load-up before the stockmarket crash over derivitives again only this time MUCH worse. SLW anounced first qtr. earnings date today. SLW should easily make their loan payments on $20 silver so Im thinking of re-intering SLW but at a much lower price.
If silver drops to 20 dollars it's game over! I own 4000 shares of Silver Wheaton at an average of 30 dollars,so I am feeling max pain! Goldman Sachs are nothing more than unregulated thieves and steal and plunder at will,yet nbody tries to stop their manipulation,least of all the S.E.C.The really ironic part is the Government gave them bailout money,just so they could go on a thieving rampage!!