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Strategies & Market Trends : Strictly: Drilling II

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To: scotty who wrote (15170)7/5/2002 3:14:59 PM
From: SliderOnTheBlack  Read Replies (2) of 36161
 
Hmmmmmm ? re: Physical $ILVER ~

re: scotty's silver link

["wildly bullish silver developments....click on Ted Butler archives....top article....
investmentrarities.com "]

For those that have made a nice return on this Gold/Silver move... it wouldn't be a bad idea - to take a % of one's total profits here and place them in some "zero cost basis" physical...held for the longterm, or any unforseen armageddeonesque parabolic move.

I do like Physical Silver here...

Interesting article by Ted Butler on the Central Funds of Canada's SILVER buy and resulting COMEX inventory activity...

Buffet didn't make that massive SILVER buy due to any bunker mentality...as he didn't dump all of his Coca-Cola, Gillette, or McDonalds Stock and go all to T-Bills... it was a SILVER specific - play on physical....a play on what Ted Butler may correctly be calling the largest (and most irrational) short position in the history of commodities.

...the man is no fool.

I think we'll see a move from $5 to $7 even if they keep the cap on COMEX... not a bad return and those 90% Silver Bags be lookin' veeeeeeeeeerrrrrrrrrrrrrry interesting here...
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