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re: Anyone buying SLV?
Posted on 9/11/14 at 9:17 am to LSURussian
Posted on 9/11/14 at 9:17 am to LSURussian
I don't think so either...I've tried a few gold longs lately and I get bounced out every single time. Also, SLV and silver spot price have built a base at the 18 level going back to June 2013. If that breaks down the drop could be quick and nasty.
1
Posted on 9/11/14 at 9:39 am to LSU0358
JMHO but every slight increase in T-bills and interest rates is going to lead to a corresponding decrease in both metal and stock prices. This "recovery" is based on people not placing savings in bonds or interest bearing accounts as has been the historical norm. As rates rise it will be interesting to see what happens. Again just the opinion of a random redneck.
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