Looks like silver is beginning to regain it's rapid loss over the past few days. Sofar outstripping the price of gold percentage wise. http://www.kitco.com/market/ Ben
It looks like it is doing the typical sharp rise followed by a dip before the prices inch back up and level off for a while. Unfortunately I'm sure oil will follow and I think we all lose more on rising fuel cost than we gain on silver and gold ( unless people are smarter than me and invested in oil with their silver and gold)
A few more days and people will probably start complaining about not buying silver on the dip. It's a wild ride but I don't think it's over.
Howdy folks, From seasonal patterns, we hit a normal low last week and this week starts a 60 day runnup until around May 15th or so at which point it will correct again and hit the summer bottom. That should last until September, when the end of year rally starts and runs until after the first of the year. I was buying monday morning and so far it's working. Check the charts on this link. Basically, they've averaged the seasonal patterns over the past decade and run the annual chart. And rest assured I have no idea if these patterns will hold or not. I'm a momentum investor and follow the trends. I started exiting a week ago monday and pulled the plug that tuesday morning. Day before yesterday I started scaling back in based upon early morning strength in the metals. So far this is working and as long as it I'll play. If it brakes down, I'm out. http://www.zealllc.com/2008/huiseas2.htm peace, rono
Actually im looking for some, I got screwed in one of my listing that I had on ebay.....I typed in the title wrong. Needless to say I didnt get that many bid and ended up having to let it go for the highest bid, cause i forgot to end it at the 12 hour mark.... here was the listing.
