silver

I sold all my ZSL today at $23 -- bought in at $17.

I think it may be time to load up on ACQ for next week. Down 50% compared to SLV which is down 25%.
 


I sold all my ZSL today at $23 -- bought in at $17.

I think it may be time to load up on ACQ for next week. Down 50% compared to SLV which is down 25%.

Congrats. You seem to know how to trade, how long have you been trading for?
 
Finally, the sell-off I've been waiting for.

But DON'T TRY TO CATCH A FALLING KNIFE.

I'll be buying silver coins, bullion gold (not keeping at my house), and perhaps the COW ETF cuz I love meat - but not yet! Waiting for this sucker to have a dead cat bounce, continue down, stabilize, and Berto time that shit.
 
Finally, the sell-off I've been waiting for.

But DON'T TRY TO CATCH A FALLING KNIFE.

I'll be buying silver coins, bullion gold (not keeping at my house), and perhaps the COW ETF cuz I love meat - but not yet! Waiting for this sucker to have a dead cat bounce, continue down, stabilize, and Berto time that shit.


Thumbs up on that one Berto
 
So is there any doubt that this sudden drop has to do with the dollar recovering from the news of OBL's death?

Its pure manipulation.

All its doing is getting rid of weak longs.

paper vs. metals.... I know what id rather hold physically

But each to their own...
 
you're right, i'm such a muppet. i think i'm going to keep shorting silver since it's going down so much more...

....okay....

theres no right or wrong way, as long as you consistently pull in moolah.

And thats all that matters aint it pal. :)
 
The joys of trading metals. There are a handfull of guys that control this market and get rich when the market goes up, down or sideways.

In the long term your going to see these metal prices shoot to the moon. Silver @ $200 by 5/14/14 are all but guaranteed. At the same time you could see it going back down to $15 -$20 during the same time frame. The small time invester is still faced with the problem of how to sell his physical holdings during these market "corrections"
 
The joys of trading metals. There are a handfull of guys that control this market and get rich when the market goes up, down or sideways.

In the long term your going to see these metal prices shoot to the moon. Silver @ $200 by 5/14/14 are all but guaranteed. At the same time you could see it going back down to $15 -$20 during the same time frame. The small time invester is still faced with the problem of how to sell his physical holdings during these market "corrections"

if he is an investor, he doesn't need to sell and "day trade". You just dollar cost average and you never get too burned on corrections.

If you went all in on silver at $48 then thats your own fault. But I still think we will pass $50 again this year or next.

I'm buying more, and now cheaper.