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re: Metals, silver in particular, getting crushed.
Posted on 7/7/15 at 8:58 am to LSUtoOmaha
Posted on 7/7/15 at 8:58 am to LSUtoOmaha
I buy physical silver. I trade the options on SLV. I own a small amount of physical gold, but I'm mostly almost exclusively a silver purchaser. Occasionally I'll speculate on the options on futures contracts.
WIth respect to entry point, I think silver could see loser lows, but I don't try to get too cute with timing it, so I buy smaller amounts on the way down. I've increased my average cost to above $6 due to this. But still, I'm in it right.
WIth respect to entry point, I think silver could see loser lows, but I don't try to get too cute with timing it, so I buy smaller amounts on the way down. I've increased my average cost to above $6 due to this. But still, I'm in it right.
Posted on 7/7/15 at 9:18 am to Iowa Golfer
Below $15 now. I think you said last summer that you'll load up the truck under $15
Posted on 7/7/15 at 9:20 am to Iowa Golfer
IowaGolfer, piggybacking off of bayougengals' comment, I recall you being big on SLW last year too. They are trading around 15, with a 10% drop today. Are you still following them?
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