WTF!?!
Silver is at $34.62 right now! (17:00 on 05MAY11). Is there something happening that is obviously causing this?
I know I should not, but I'm starting to panic a little. When it hit $40 on Tues-Wed, I thought it would be a good time to buy a significant amount of bullion. Oy!
For more fun theorizing on the economy, hit up Zerohedge.com. Its full of useful facts, fun information and gut wrenching paranoia.
It sounds like people only are enjoying their long positions when they're in the black.
If your'e really buying for SHTF, and you still have cash to convert, I'm expecting people to be turning backflips because of the $/oz opportunity. Does it really matter if part of your stash is in the "red" when you don't have faith in the dollar to begin with?
You sound like me talking! In fact, I said almost the same thing to someone else who was panicking this morning. I didn't start worrying over this until after that. HAH!
You're absolutely right. My primary goal is an inflation hedge. I'm just having trouble keeping my eye on the ball when the short term numbers have changed so rapidly.
Thank you. Please keep reminding me as needed.
For the record, I told you that a correction was anticipated. Not rubbing your face in it. Just letting you know that I'm paying attention.
It sounds like people only are enjoying their long positions when they're in the black.
If your'e really buying for SHTF, and you still have cash to convert, I'm expecting people to be turning backflips because of the $/oz opportunity. Does it really matter if part of your stash is in the "red" when you don't have faith in the dollar to begin with?