There is no real inflation. Don't you listen to the government? They claim about 1% but all my stuff keeps going up about 8%. During the housing crash property values dropped about 60% (they claim 30%) and they used that to offset the inflation #'s. Lets see if they change the formula to not include housing if housing prices start to rise. Our Gov is a master at disguising the obvious. Lets all keep our ears up as good little sheeple.
This stock was and still is overbought, don't fall in love with one play. It still needs to move down some relative to Silver. GL,
I think everyone knows that it's just a day traders gamble. But it has proven very profitable for SOME with quick fingers. GL
Come on guys, this stock is so overbought still, it has about 15% more to drop if Silver stays the same. Don't be surprised to see it do it's inverse dance it loves so much. I've been over at AGQ making a nice chunk of change the last week or so, I'll be back when the froth blows off this one. GL
that this stock can still hang on with it being so over-bought. After reaping many gains from this one over the last 5 years, I can say, I don't know which way it is going to move. It is so overbought and it still moves up even with Silver moving down, the classic inverse play. I'm moving on for some quick money, I'll be back.
I think one word can sum it up... Election. These stocks will lead the metal prices, look at AUY.
But as this stock falls back disproportionate to Silver, it becomes still even more overbought. I think the stocks are pricing in a very large move up the the actual metals. A move even margin hikes cant stop.
This stock is about 20% over bought, and it might still get bought. The last time this stock was over 41 Silver was about 7$ higher. Treading lightly. GL
Because Silver has been dropping for the last two weeks and this stock has been moving up. It became so over bought it had to fall back. It has a lot further to fall to get back in balance.
This stock is so over bought it has to fall back even if Silver moves up 5 dollars. I'm prolly going short tomorrow. We need Silver to move up 5 bucks and this stock to fall back about 5 dollars to get things back in balance. It's only off bout 7 dollars when Silver was almost 50.
The last time (about a week ago) that we saw this kind of price divergence it was explained as the general stock market went up so this stock went up. Well today not only did Silver get it's clock cleaned but the general market did also. I remember the inverse relationship to Silver awhile back, but I thought it was done. This stock is clearly about 20% over bought and will free fall when Silver makes a big move up. Have a great weekend everyone.
Yet, SLW moves up as did many others???? The ground speed of the airplane increased proportionally to the headwind.