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The behavior of PM prices is confusing
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<p>[QUOTE="harrync, post: 3203076, member: 58588"]Shorted silver at 15 during the Hunt brothers debacle of 1980. Took my losses at 25. Watched it go to 49, then drop to under five. To paraphrase an old ditty from driver's ed about the driver who was "right, dead right" as he refused to yield the right-of-way: "I was right, dead right, as I shorted the longs, but I am just as broke, as if I'd been wrong." [Well, actually I did make about five times as much selling my gold at the peak as I lost on the silver, so I did OK.][/QUOTE]</p><p><br /></p>
[QUOTE="harrync, post: 3203076, member: 58588"]Shorted silver at 15 during the Hunt brothers debacle of 1980. Took my losses at 25. Watched it go to 49, then drop to under five. To paraphrase an old ditty from driver's ed about the driver who was "right, dead right" as he refused to yield the right-of-way: "I was right, dead right, as I shorted the longs, but I am just as broke, as if I'd been wrong." [Well, actually I did make about five times as much selling my gold at the peak as I lost on the silver, so I did OK.][/QUOTE]
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The behavior of PM prices is confusing
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