Silver getting crushed today

“PM’s? What PM’s?”

 

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Exactly...

 

Yup. Back in the vicinity of 2008 I put some money into a mortgage company that was paying a 20% dividend. I collected in one quarter, then they went belly-up. So, I guess I only lost 95% of the money I put in, not 100%...

 

Dividends are another example of if it’s too good to be true....

 

They've had the jitters for the last couple days. The market has been worried if the Tax Overhaul isn't going to appear. Seems as though they've decided that it isn't so you have a selloff.
https://www.marketwatch.com/story/u...hs-on-delay-worries-about-tax-plan-2017-11-09

I actually thought of pulling some stuff out a couple days ago. But decided not too as I was thinking the pullback wouldn't be so dramatic. The real question is .. for how long, and how/if/when will it bounce?

The good part is ... my individual stocks are still UP so far today. I'm sure it may be too much of a black hole and they'll start falling too but at least they have strength against a large pullback.

 

even silver is down ..

..

but gold is UP

..
on Tuesday Gold and Silver were on par
On Wednesday silver trailed Gold
today, well, Silver has it's own course it seems.

 

Gold gets more speculative fluff than any other commodity due to its quasi-religious followers.

 

We did last week , Made a nice little DIVIDEND TOO!

 

How about the tried-and true alternative: “knowing just enough to get into a lot of trouble?”

 

Wait, do Ward and June know?


Oh boy, the Beav will be waiting for him to get clobbered and junk.

 

Probably some combination of the temptation to take the profit after some good jumps from earnings reports and the belief that the tax change is going to be pushed back to 2019 at the earliest

 

"Winnah, winnah, chicken dinnah!"

 

Apparently the Senate is looking at a Jan. 1 effective date instead of RAT NOW. Seven weeks a major issue? Gimme a break. Our elected officials and The Fourth Estate put too much emphasis on the play-by-play.

 

All of little consequence. Silver down is all relative as you still own the same number of ounces. The market down is also not a big deal as long as your portfolio is up.

 

Silver. A poor mans gold

 

We got our first white gold last night! 25 silvery deg here and the windchill is a Killer.

 

And we're supposed to get our first frost (and freeze) of the season tonight. Gotta remember to bring in the plants...

 

I don't like snow, nor cold weather. Why I live where I live I don't know.

 

Exactly

 

My occupation involves traveling, I don't see how anyone would want to live up North