Friday, June 24, 2011

Silver Hi-Ho

From Cometo---this silver chart.
If Bucky runs up, silver should go down (famous last words)
Silver is "retail gold".   Might be nice in a Mad Max world for buying gas, water, Prussian Blue, but it is not the same category as Gold.

Market Wisdom from Market Sniper

TK takes that statement wrong. Although a "truism" it says MUCH more than that. It says whatever you "think" is going to happen next is unmitigated bullshit. Simple as that. Since NOBODY knows what happens next and what happens next can NOT be known, it does not matter what happens next, now does it? It ONLY matters what you DO when you find out what happens next. So simple, it is ridiculous.

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Insightful and Useful Comment!