Entering text into the input field will update the search result below

Silver Thoughts

Apr. 22, 2011 8:33 PM ETSLV
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
Like most people that are diversified, I own precious metals.  I recently eliminated my leaps in SLV that were for strike at 38 in January 2012. I did this last week and am feeling like I made the move too early. I am feeling like I want to get back in. This is a warning to me.  I am beginning to think there is a big correction in silver coming because of this.  

I have interest in behavioral finance and the feeling with recent posts, message boards, and articles regarding silver seem to reflect that if you don't own it you are missing out.  This indicates that a correction or top in silver is very near. 

Supposedly, this is the perfect storm for silver and other commodities. The dollar is sinking.  Economies are growing.  People are buying precious metals for safety. It may very well be the perfect storm, but once everyone sees the storm who else is there to seek shelter?  Where are the returns going to come from?

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.