Rice and Fries said:
McInnis 03 said:
McInnis 03 said:
Anyone loading up on SLV and GLD on this pullback?
SLV butterflies are ****ing cheap. I need one fo you smart money people to tell me why SLV and GLD WON'T go back up over time?
They will.
If you need a base point to work from Silver has been at $15.00 per ounce for a VERY long stretch. (fluctuating a few dollars each way).
I bought a large amount when it dropped to 11 and sold most of it at 26.
I do not think it will pull back to the $15 mark unless we hit another drop like we did in March. If we get down to 18-20 I'll buy back in some.
FYI I have a good bit of physical silver and waiting for the 35 to 40 range to sell it.