Saturday, February 12, 2011

Employee of The Week-- SIVR

The silver ETF is this week's shining star rising 2.8% in a middling kind of week.
















What's going to slow silver down?  Here's a rant from Jim Willie talking about silver and fiat fantasy concerns more generally.  Jim has a way with words and I'm in agreement with his commentary.  Just be advised the extent of the chicanery he describes makes you wonder how this can possibly end well which in turn can take the wind out of your sails on an otherwise wonderful weekend.

I reluctantly sold some SIVR recently and it's since rebounded nicely.  These are the trades you remember best-- when price moves opposite of your motivation.  My grandaughter coined the expression "opposite day".  On an opposite day she tries new activities or different scheduling.  Pancakes for dinner, a morning movie, nap all day-- that sort of thing.  Little does she know it's in the genes as I have all sorts of opposite days.  I sell SIVR, it goes up.  I put a stop under DBA, it goes up.  I buy EWA and it goes down.  So what's going to slow silver down?  Pssst, I bought a couple of silver coins yesterday from Bullion Direct so watch out next week.                 

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