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<p>[QUOTE=&quot;Rono, post: 2426393, member: 6492&quot;]Hi folks,</p><p><br /></p><p>Hope everyone is doing well.</p><p><br /></p><p>I got stopped out last week on my momentum play in the junior silver miners.&nbsp; feh.&nbsp; That&#039;s OK, as I turned a bit over 3 x my money.&nbsp; I still have some left on the table to see what happens next.&nbsp; Hell, the two days after I sold, SVM was up both.&nbsp; That&#039;s OK, you have to abide by your own rules when it comes to investing.&nbsp; Note that this was a technical analysis stop.&nbsp; The price broke down and I was forced to sell. </p><p><br /></p><p>Now when it comes to fundamental analysis, it&#039;s a different kettle of fish.&nbsp; The only thing that&#039;s kept inflation in check was been low energy prices, globalism and the internet.&nbsp; Now that energy prices are rising, LTF out.&nbsp; Each and every one of us has seen the inflation on the street for so many different products and services.&nbsp; Now that energy prices are rising . . .</p><p><br /></p><p>Also, the FED kept injecting 100&#039;s for billions of dollars into the market that was hoarded by the central banks.&nbsp; For the novice, this is called a Liquidity Trap or where interest rates are so low, no one is willing to loan money.&nbsp;&nbsp; It&#039;s fairly common whenever you have artificial pricing set by non-market forces.&nbsp; Witness Nixon&#039;s gas price freeze - all of a sudden supply disappeared.&nbsp; Witness several years ago, when the paper price of bullion was way under the street price and duh,&nbsp; all of a sudden, the shelves were bare.&nbsp; Getting back, to the QE issues, when mortgage rates are ~3%, Mr. Banker doesn&#039;t have any money.&nbsp; Now if you&#039;re willing to pay 5-6%, perhaps he can find some. </p><p><br /></p><p>This failure to circulate our currency has also resulting in some additional pent up inflationary pressure.</p><p><br /></p><p>It all adds up to a very strong fundamental case for bullion.&nbsp; But it&#039;s fundamental analysis and not price action, so you have to be patient.</p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>

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