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The silver romp continues unabated, with July futures now -7% to $33.70. Despite the...

  • Friday, May 6, 2011, 7:54 AM ET
    The silver romp continues unabated, with July futures now -7% to $33.70. Despite the breathtaking drops, some say the sky is not falling, and are using the pullback as an opportunity to get long at more reasonable prices.
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This news story has 3 comments:

  •  
    I sure am! but physical because I do not trust this online trading scam...
    6 May 2011, 08:25 AM Reply Like
  •  
    to me silver is gettin tooooo cheap
    6 May 2011, 08:37 AM Reply Like
  •  
    People looking at silver as a long term investment should begin thinking of taking positions now, but prices could go a lot lower. I would also recommend silver miners. Those people concerned about the volatility of silver could hedge their position in SLV by taking 1/4 to less than half their silver position in ZSL and then selling ZSL once SLV tades above its 50 days moving average.
    6 May 2011, 08:42 AM Reply Like
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