Seeking Alpha

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

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.
From other sites
Comments (3)
  • Zakee
    , contributor
    Comments (11) | Send Message
    I sure am! but physical because I do not trust this online trading scam...
    6 May 2011, 08:25 AM Reply Like
  • William J Ruesewald JR
    , contributor
    Comments (31) | Send Message
    to me silver is gettin tooooo cheap
    6 May 2011, 08:37 AM Reply Like
  • metricon
    , contributor
    Comments (91) | Send Message
    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
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs