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Sweeps: de-activated stop order on SLV

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  • Sweeps: de-activated stop order on SLV

    Thought you'd want to know since you inspired me - I lost my nerve and am just going to ride silver.

    The fact that silver zigs when my other sectors are zagging, I'm pretty content, even though I've had a paper loss the last 3 weeks on silver.

    I'm afraid I'm going to get out and I don't have a plan on what to do with the cash sitting around.

  • #2
    Originally posted by Scanner View Post
    I'm afraid I'm going to get out and I don't have a plan on what to do with the cash sitting around.
    Oh is that all? Listen I've got this great idea that's going to make me I mean us tons of money! Tons! All you have to do is transfer the SLV to my name....

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    • #3
      Why not sell the SLV investment and move it to one that should be a beneficiary of copper or ferrochrome (of which the price of the latter has shot up close to 300% YOY and it was up 75% in the last quarter)?

      Both of these base metals are in a deficit mode for inventories and it looks like will continue and could provide an opportunity.

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      • #4
        No no no, I like my Trip to Vegas fund idea better.

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        • #5
          When JBinKC talks, people listen.

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          • #6
            I am afraid if a real recession hits America, copper will really tank since it's a major building material. It appears with the loss of jobs posted, we may be headed to very little home building.

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