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<p>[QUOTE=&quot;desertgem, post: 1107900, member: 15199&quot;]It is a worrisome silver market. I think gold is a more stable market at the time, but one should trade what is trading well. </p><p><br /></p><p>I wonder how many have seen the actual 1980 spike and decline on a graph. I was trading stocks then and it was ponderous for many who didn&#039;t live in an urban area with broker offices to make trades. Trades also were several times more expensive than now, with stricter regulation ( or at least it seemed that way).</p><p><br /></p><p>Now look at today with almost instantaneous internet trading. A huge change can occur within an hour if the stimulus is a big one ( flashcrash). Precious metals ETFs and mining companies who control a large % of future contracts and may be very over extended, can wreck havoc on ones bullion investment. The CEO of I believe Kinross , although I may be mistaken on the co., it was a gold mining concern, said their cost per oz of gold was currently about $500, and that was with 1 oz gold per 10 tons. Then he said one of their mines in Russia not yet online has a test yield of 1 oz. per ton. It won&#039;t be online for a couple of years, but don&#039;t believe there is no more gold in the ground or that it is too expensive to get it, so it will continue higher.&nbsp; He may get his stock price higher, but it will put more pressure on increasing price as some will think, hmmm, more gold available in the future .</p><p><br /></p><p><br /></p><p>&nbsp;I am cautious, very cautious with precious metals. With stocks like BAC, GE, etc. I can take a nap during market hours, but not so when I am running silver. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />&nbsp;&nbsp; </p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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