ATTENTION Silver has fallen $5.00

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ATTENTION Silver has fallen $5.00

Postby OldPeddler » Sun May 01, 2011 10:40 pm

At 11:30 pm EDST I checked the price of silver and it had fallen to $43.90 Almost a $5.00 drop.

I am going to bed now if I can sleep.

You night owls Keep us posted untill morning.
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Re: ATTENTION Silver has fallen $5.00

Postby DeanStockwell » Sun May 01, 2011 11:07 pm

Physical investors shouldn't worry too much...paper, however.
Get out of leveraged ETF's and transfer into SLV bought on margin if you must have leverage in the morning. The upcoming volatility will rob your return if you hold ETFs like AGQ because of rebalancing.
Most people do not consider dawn to be an attractive experience - unless they are still awake.
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