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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (5908)6/18/2010 4:56:27 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223851
 
I'm not a PM person, but I would have to believe that silver would also continue higher...

GZ



To: rubbersoul who wrote (5908)6/18/2010 6:37:30 AM
From: ayn rand  Read Replies (1) | Respond to of 223851
 
Ag will outperform Au

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"If you do not own any, and plan on holding what you buy until a mania develops, then we wouldn’t wait. The risk of buying silver at current prices is lower than owning none at all.

If you do own some but want to add to your holdings, we’d probably wait for a drop in price, in part because silver could more easily fall when the economy is found to be more fragile than what many believe. And with industrial uses comprising approximately half of silver’s demand, it would be more susceptible to sell-offs than gold if our research is correct about global economies.

Further, summer usually brings pullbacks in prices, and this can be especially true for silver stocks. This is the tendency, though we can’t be sure if this summer will follow past trends. Still, our best guess is to anticipate another leg down this year. If you already own silver, we’d look for a correction to add to your holdings.

In our opinion, owning no silver in this bull market would be a mistake. And your first (and biggest) investment in silver should be in a physical form."

lewrockwell.com