New ETFs to Be Launched for Platinum and Palladium [View article]
But why silver ? Its got significant (close to 50% as i recall) industrial demand too, which has been waning. Its just 'poor man's gold' notion which has been pushing it up. Also I dont think there are enough players convinced and gutsy enuf to short the precious metals space (considering where the dollar is headed), specially the cheapest precious metal silver. But why do you think silver is better, would you play long silver/short gold (or any other precious metal) ?
On Apr 13 10:58 AM JH24 wrote:
> Sorry...I disagree Mappla... > > Platinum is tied incredibly to the auto sectors around the world > and until those come back around, it will make small moves up and > big moves back down... > > With the incredible amount of inflation coming down the road, the > REAL metal to hold is Silver. > > Gold will move, Platinum will move, but Palladium will move more > than both % wise. > > Silver will beat them all.... > > Count on it.
New ETFs to Be Launched for Platinum and Palladium [View article]
But why do you think silver is better, would you play long silver/short gold (or any other precious metal) ?
On Apr 13 10:58 AM JH24 wrote:
> Sorry...I disagree Mappla...
>
> Platinum is tied incredibly to the auto sectors around the world
> and until those come back around, it will make small moves up and
> big moves back down...
>
> With the incredible amount of inflation coming down the road, the
> REAL metal to hold is Silver.
>
> Gold will move, Platinum will move, but Palladium will move more
> than both % wise.
>
> Silver will beat them all....
>
> Count on it.