by Recyclersteve » Mon Nov 03, 2014 11:39 pm
This is a very strange time. If you believe that miners are going to go bankrupt, that would decrease production quantities, which could ultimately be good for the price of silver. So I can understand if someone feels a bit uneasy about rooting for some bankruptcies to be announced soon because they feel their personal stack would then become more valuable. That person would likely be less at ease if they had physical silver and also owned stocks in silver miners. Of course, the paper shorts can do what they want to distort the markets- who knows when that will end...
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
