ATTENTION Silver has fallen $5.00

Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.

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.
User avatar
OldPeddler
Penny Pincher Member
 
Posts: 123
Joined: Sat Jan 15, 2011 1:42 pm

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.
User avatar
DeanStockwell
Penny Pincher Member
 
Posts: 138
Joined: Mon Jan 03, 2011 5:33 am
Location: Far, Far away...


Return to Economic & Business News, Reports, and Predictions

Who is online

Users browsing this forum: No registered users and 11 guests