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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.31-0.6%Dec 31 4:00 PM EST

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To: TobagoJack who wrote (73649)4/29/2011 10:04:19 AM
From: carranza2  Read Replies (1) of 218910
 
The silver bubble as seen via a chart:

charts.kitco.com

NB: The damned chart is not showing silver. Simply add symbol KSX; the chart is interactive and you should be able to see what I am talking about.

Silver has underperformed gold for the historical period I was able to chart at kitco, and it seriously underperformed commencing circa 2007. It has seriously outperformed gold, however, recently. But it has more than made up lost ground, it has left Au in the dust.

I would say that the rise in silver in recent history does not equal gold's performance. If there is a mean reversion to the mean [the pun was intentional, sorry, it's the lowest form of humor], silver is at a precipice.

I had a bit a few weeks ago, made nice moolah quickly and got out quick as I could. My rules no. 1 and no. 2 of investing: (1) never lose capital, it's too hard to replace; incur opportunity costs if necessary and don't moan about them; (2) see rule no. 1.

I disagree with Russell.

NB: The damned chart is not showing silver. Simply add symbol KSX; the chart is interactive and you should be able to see what I am talking about.
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