since we are up 50% since dec we are going to see a correction. that being said i think that if you are looking for a single hedge or leveraged play on silver this is the best one and of course any leveraged play will go both ways
i agree with your averages comments, there have been downturns and big down days before but none quite like this. People have to eat and more people are going orgainic but if the economy takes a dive here vs the slow growth it is in partially due to the money printing i think that we are a sell and not just this one.
1. extremely low float
2. high short interest
3. high PE
4. has run up quite a way
5. done this before look at the LT chart
6. is growth slowing a bit
7. bad earning coming
8 take your pick, i am a buyer here believe in the organic growth concept
what is with the fast run up and then the slow dribble, looks like a repeat of a few years ago, what is different this time that would make a person a LT investor ?