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Be prepared for a big upswing in Silver... OOps Guess I was wrong

SmittysSmittys Posts: 9,876 ✭✭✭✭✭
I sold 3205 ounces at 10.02 on Friday ( my paper silver )
glad I'm out but looking at this morning maybe should have waited a day longer
edited for spellingimage

Guess maybe it was a smart move, being on margin and all

Comments

  • ttownttown Posts: 4,472 ✭✭✭
    Thanks Smittys,

    I think you did the right thing. I'm not sure that I'd want to be in paper silver as December contracts near. I noticed gold is up over $31 and silver over 50 cents. We'll see if there was any legs on the COMEX talk soon.
  • garsmithgarsmith Posts: 5,894 ✭✭
    go silver go
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    anyone else in paper Silver?
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    Nope...
    Becky
  • ttownttown Posts: 4,472 ✭✭✭
    You sure are turning out to be a party pooper. I was hoping you'd be as good of an indicator as Russimage
  • Not wrong.

    Just early.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
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