Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Davy Crockett who wrote (29377)	5/3/2004 8:32:06 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 39344

I read this also. Don't misunderestimate what I'm trying to confabulate. I have been lightening up to almost 75% cash anyway but not simply because of chartists opinions which I deem only a small portion of the things that need to be digested before I make decisions. The straw that broke the camels back for me is the obvious absence of an effective organization of silver miners to counteract the short speculators on the COMEX. As long as their is no such special interest organization and as long as silver miners don't hold and hoard silver the way that McEwen is doing then investors will have this happen time and time again, meaning having their so called bull market devastated by manipulators. Now if you are a trader and couldn't care less about these things, then hope you play it right and outsmart the rest of us investors but traders don't have loyalties to anything but money and don't make the best human beings. When the assholes at PAAS and Hecla and numerous other companies sitting in huge amounts of cash that could have supported the minute silver market decide to do a McEwen then I will have more faith and come back in a big way. It is not enough for me to see silver back at 8.00 because the same thing will happen unless something systemic changes. I have some very valid ideas on what must change and so far the only ones listening to me personally are Jason Hommel and Stefan Spicer at CEF and then there is Butler. If you sense that I'm fed up with the industry and the status quo then you are right. And my message to all those who got burned on the silver collapse is; if you didn't support Butler then it serves you right.