Silver Wheaton Corp. Message Board

usually GDX has a tendency to take SLW (up or down) with it. In any case, pocket the dividend and spend your time daytrading something else,

a 3:00 dump of 100K shares all at once will have a momentarily deleterious effect. Give it time to recover

Must be the fact that you can't buy physical silver anywhere near the so-called "spot price". Obviously, a lower price will scare everyone who did not sell at $30 an oz to sell at $20.00 an oz (not).

Well, all this daytrading talk is kind of funny. If you write covered calls and like collecting dividends, this has been a great stock to own (from a buy and hold perspective), Naturally, I am not a day trader with a big short position, so my input does not count for the likes of you, Marty.

Here is a piece of advice, don't waste your time on a Yahoo MB - you are not changing anyone's opinion and you only reveal yourself to either be an #$%$ or a person with an agenda.

I can not tell you where the price will be on particular day, but I do know that the Central Banks have a strong interest in preventing the precious metals from appearing to be a store of value.

Over time, the price of gold, silver, platinum will go up. But by periodically hammering the price through such vehicles as re-hypothecation (MF Global-style) and telegraphing the moves via GS and others to get the best bang for their buck, the strategy seems to be to cause short term volatility to the point where no one can count on it as a short term form of savings.

From the perspective of the central banker, I am sure this seems like a sound strategy - unless and until the public loses faith in paper money. Unfortunately, this has happened (it reached a climax in Austria, Germany and Hungary in the post WWI time frame) before and WILL happen again.

This "yo yo" is just tracking with the GDX - there is nothing intrinsically wrong with SLW, which I expect to way outperform the real fraudulent indexes like S&P and Dow.