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<p>[QUOTE="InfleXion, post: 2202866, member: 29012"]Pulled the trigger for the first time in a while late last night for a modest amount of silver, gold, and platinum before the news from China came out. Expecting more downside due to contagion, since Chinese are invested abroad even if our markets are not heavily invested there. Still, very happy to be buying silver at sub $15 and gold at $1100, and if it goes lower will cost average my way down. If Andrew Maguire's statements still hold any water, the COT became net buyers after last week's gold smackdown. If there is more downside to metals, the big money isn't betting on it. Yet I find it hard to accept that what is happening in the East won't spill over as positions in one camp are liquidated to cover losses in another.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 2202866, member: 29012"]Pulled the trigger for the first time in a while late last night for a modest amount of silver, gold, and platinum before the news from China came out. Expecting more downside due to contagion, since Chinese are invested abroad even if our markets are not heavily invested there. Still, very happy to be buying silver at sub $15 and gold at $1100, and if it goes lower will cost average my way down. If Andrew Maguire's statements still hold any water, the COT became net buyers after last week's gold smackdown. If there is more downside to metals, the big money isn't betting on it. Yet I find it hard to accept that what is happening in the East won't spill over as positions in one camp are liquidated to cover losses in another.[/QUOTE]
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