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Gold/Mining/Energy : Silver prices
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To: CuriousGeorge who wrote (235)12/10/1997 4:35:00 PM
From: Tommaso  Read Replies (1) of 8010
 
Anyone who is doing well with silver futures should resist the temptation to pyramid. You can get completely wiped out on a minor pullback.

Just hold your winning position.

As for me, I am going the slower route of full-paid shares of PAASF. Someone on this thread, I think it was, provided an estimate that the stock could go up $5 or more for every dollar silver goes up.

If I were so fortunate as to have made "a fortune" I hope I would take my profits and put them into an unleveraged position in PAASF. But when you get excited it's hard to do sensible things, and I probably wouldn't follow my own advice.
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