And you believe everything gov't says via CNBC? 100% wishful thinking, watch what happens to the yen for the remainder of 2013...my buck says it fals at least 25%...maybe more, don't ask CNBC, give me a break.
You have a false premise, uncle ben has printed like never before in the last 2 years and PM prices have dropped like a rock. If the sugar fest stops you think prices continue to decline....doesn't make sense.
why would you think the yen is going up? Look at the charts, dropping like a rock with no end in sight.
Precious metals has had a 24 hour wild ride? Never seen anything like it, I can only ask #$%$ is going on here? Down 9% premarket, now up 12%. Something just happened and will watch the MSM for more propaganda but wondering....what happened?
I keep trying to get back in but get burned, the powers that be don't want PM or miners to succeed. Again, if you can't beat em join em and play the HFT's. DOW at 17000 soon?
Correction? The powers that be aren't going to allow for much of a correction, we may have had it the middle of April. It looks like next stop for the DOW is 17000, maybe 18000 with a couple brief stops along the merry way. All is well, look at the markets, look at the dollar. FED mentions a slowdown in printing dollars this summer and the dollar rallies bigtime today. You think this will help PM? I love SSRI, one of the best miners out there, but i am tired of losing money and moving to brighter days, if ya can't beat em, join em.
Longs will bleed on average 2-3% per day, you have to buy this turd down and down and down. On occasion you get a nice pop, the FED says something stupid, or someone blows something up etc and you can cut and run. But nothing big since the summer of 2011. This isn't something you can buy and hold a year as it consistently loses, that is why you see so many shorts showing it love here. Buyers beware.
Why would you hold this firecracker to 2? The powers that be have your number...all the gloom and doom'ers writing for 2-3 years saying buy gold and silver losing their shirts. You hoping for the end of the world? I say if you can't beat em join em. Buying SPY, SDS, BBRY, NOW, DX and DHY for months, doing much better than hoping and waiting for some life altering event.....if and when the FED runs out of money you will know well in advance.
Wrong again, shorts are truly the only ones consistently making money here which is why i always refer to vxx as a turd. It sinks to the bottom of the bowl, most of the time anyway and only occasionally do you get a floater. I lose more often than not but make more consistently buying xiv. Any correction will be a coordinated event by the powers that be....you won't know about it until it robs you blind. IF AND WHEN we get one, who knows. May be next year or ....?
I am holding bbry, schwab rates it A...may not mean much but every fundamental is PERFECT. Who could ask for more? No debt, lots of cash, hugh buyout potential....what are you looking for? Shorting vxx? You won't make any where near the potential bbry has. You buying spy, no where near the potential of bbry. Pick on someone your own size you are way over your head.
I love to trade ZSL & AGQ, however.....i am now on the fence so to speak. Hard to take a position with ZSL so high right now.....honestly cannot see silver below 20-21. So any move is limited. Silver moves with a lot more volatility than gold so both are great vehicles. But this controlled market is hard to call.
I dumped this turd around 18.64 and took a small loss that i have made up buying XIV. We may both be wrong expecting that correction that never happened, too much funny money working against it. The FED is suggesting ending the pump this summer....hummm, more of a head fake me thinks. I don't think they can halt the sugar fix without destroying markets. If you can't beat em join em i say.
Larry Edelson been calling for silver at $21, others thought he was outta his mind (me too) but here we are. I am buying at these levels, you cannot call a bottom unless you have a crystal ball. It may get a little cheaper, but i am buying from here to $21, if we see silver at $21. We all know the COMEX price is a farce, show me where i can buy physical for todays price of 22.54....
THEY can control or manipulate bitcoins the same as the dollar, or alternatives like gold. THEY don't want you to have or seek alternatives. Didn't bitcoin take a hit last month, i don't own them but read something about a 70% decline? It was around the same time (4/15) they took down gold and silver.