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Looks like a big hill to sled down! WEEEEEEE!!!!!!!!!

-The Great

I hope it's not straight down to the ground! I haven't got any idea of where support could be in this downtrend. ETF selling, begetting futures selling. It's going to take a HUGE countermove to stop this SPIKE down. When the final capitulation occurs look for prices to be DOWN SHARPLY in the early part of the day, and then UP SHARPLY in the late afternoon, recovering or exceeding the previous day's ending price.

I think this sell off happening is good in a way.

This will probably scare off a lot of the speculators and the get rich quick skeemers.

Those who understand that gold and silver are "real money" will stick with the metals through thick and thin.

I often wished I could have loaded up when it was down at $4 an ounce (I started buying when it was $11 an ounce)

Pennysaved wrote:I think this sell off happening is good in a way.

This will probably scare off a lot of the speculators and the get rich quick skeemers.

Those who understand that gold and silver are "real money" will stick with the metals through thick and thin.

I often wished I could have loaded up when it was down at $4 an ounce (I started buying when it was $11 an ounce)

It's unbelievable to me! I started stacking at $34/ozt Never seen this since I have been awakened

-The Great

Pennysaved wrote:I think this sell off happening is good in a way.

This will probably scare off a lot of the speculators and the get rich quick skeemers.

I don't want to be scared off!

But I guess you're right, for people with more noble motives his can be a good thing.

During the run-up I bought all I could up until $18 an oz. That slowed me down quite a bit. At $22 I stopped buying all together.

Now it is getting back into the territory where I will start stacking again! Yippeeeeeeeeeeeeeeee!!!!!!!