How much money has this cost YOU ?
Palladium & Silver (the metals) vs. Gold -- since the post Hurricaine event commodity pop:
Palladium $181 to $298 = +64%
stockcharts.com[l,a]daclynay[d20050901,20060302][pf][iut!Lj[$go...
Silver -- from $6.75 to $10.20 = +51%
stockcharts.com[l,a]daclynay[d20050901,20060302][pf][iut!Lj[$...
Gold -- from $429 to $569 = +32%
stockcharts.com[l,a]daclynay[d20050901,20060302][pf][iut!Lj[$go...
Here's reality:
If you were in Oil....it's been a whipsaw and you've lost money:
stockcharts.com[l,a]daclynay[d20050901,20060302][pf][iut!Lj[$gold]]&pref=G
If you were in Natural Gas....you just got your head handed you -- for being greedy and stupid !
stockcharts.com[l,a]daclynay[d20050901,20060302][pf][iut!Lj[$gold]]&pref=G
[ or, you could have made +40%-50%+ on the short side....]
But, then there's the precious metals:
If you had $1 Million invested in Gold last September -- Congrats, you've now made $320k.
But, here's another way of looking at it:
I call it -- Better Returns & Less Risk
...not that anyone here on SI has used the word risk in the last 24 months...
But, if you had $1 Million invested in Palladium instead of Gold -- you would have just doubled the returns of gold and made $640k....or, an extra -- $320,000 Dollars !
Or, even if you were in Silver instead of Gold... you would have made $510k ....that's another $190k above and beyond what you made in gold.
Being in Gold instead of Palladium & Silver just cost you between $190k and $320k -- if you're a "PWM (Player with Money).
If you knock a "0" off that "PWM" and you're a "PWWMM" (Player who wants mo-money) and you've been runnin' a $100k in Gold... you just left between $19,000 and $51,000 on the table by being in Gold vs. Palladium, or Silver.
If you had $10k in Gold....you just left between $1,900 and $5,100 on the table by being in Gold vs. Palladium and/or Silver.
It's amazing... now that Palladium had doubled the return of Gold and Silver has outperformed Gold by +50% ....the street is just now waking up to alternatives to Gold, Oil and Nat Gas ?
Whodathunkit ?
Now ...after a +50% 6 month outperformance and today's mid-day explosion! in the Silver Stocks ....the masses are just now, finally waking up to the Silver play...talking about the Silver ETF....Buffett's 100K+ Oz's... yada, yada, yada...
I wanna puke.
How much has following "the crowd" just cost you ?
By the way -- did I say that Free Sucks !
Did you saddle up on ole' Hi-Ho Silver and catch the ride...or, were you sittin' in yesterdays news -- Oil, or Gold ?
No Mo Spoon Feedin' Fo Free,
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