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It looks like Argentum Silver is leading the PM hordes forth again, most likely as a direct predecessor to another dollar break here. Up over 2.5% as I type and outpacing it’s usually more lively cousin, Aurum Gold, which is up only one-tenth as much.
I think this is a good sign, even for you non-PM investors, as silver is the more sensitive to the “commodity” and “industrial” sectors, and it’s rise here should be good news for all of you commodity speculators, whether you be earl rustlers or coal bandits. I will continue with my investments in refiners until they stop making sense, however, even with a rise in earl. I continue to like WNR and PSX, for instance. HFC as well.
For silver bugs, I went long(er) today by adding to my AGQ position, for the short term trip to the 200-day EMA, at close to $50 right now. I will likely sell this additional piece off when we reach that mark, however, as I don’t like to be too heavily leveraged in this volatile metal. At least, not for any length of time.
I also like EXK here, despite it’s continue pokiness compared to jackrabbit AG. SSRI also seems to be re-gaining ground, if you are of the speculative sort. As always, SIL and SLW are the formidable base of my silver horde, and I recommend those for any toe dippers.
Best to you.
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Don’t forget PAAS… trading like Cochabamba Senator
Yes. PAAS is prolly better than SSRI.
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Hi Jake, What is your AG target with this silver rally? Thanks.
Near term, I’m looking for mid 19’s. I think in the fall it goes to $22-26 and then who knows?
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Thanks. I’m on your boat with AG since last year. Long and strong !
Coal bandits indeed, as long as 0bama continues to outlaw cheap energy.
India is buying Kentucky coal, btw… 9 billion tons as per this contract.
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Senator, thanks to your guidance, I’ve been in EXK, SLW, RGLD, NGD etc for so long now (trading around and holding core). I really do appreciate you taking the time to post:) BTW, took all five of the kids to Kittery again last weekend. It was as fun and scenic as you was last summer.
Oops, typo…fun and scenic as IT was last summer; serves me right for typing while someone is yelling for another Thomas the Train bedtime story! Re: the earlier posts, I’m Canadian, so can’t vote, but the husband got his MBA from Cornell and one of his best friends had worked with Romney at Baine. He’s said that he’s so impressed by Romney’s strength of character and morals that he’d take a bullet for him. If I could vote, it would be obvious who I would cast my vote for.
We just did Brunswick (relatives’ house) this year, but I think we are going to rent another house in the mid-reaches again next year. “The wives” are seeing to it.
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wow, go figure, only stocks today .. no politics or religion (not that there’s any difference )… for a change
8)
No worries, Brucie. We’ll be tossing your band of socialist allies into the refuse processor here soon enough.
Patience!
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Sometimes, the in the mind will be a vague uncomfortable, but do not know for what. Sometimes, laughing and mulberry chatting with people around, but feel abnormal lonely and lonely. Sometimes, silently looked out of the window, will feel like a easily forgotten. Sometimes, feel this world is really false, very false. Sometimes, really want to so disappear in the world. Just, is there a people will for my pain? You came to this world not to look for me, but I still want to like you. mulberry purses-accessories outlet At some point, you have to realize that some people can stay in your heart, but will not appear on your life. We do not link, for a long time. At the beginning and you shouldn’t so near that I now have no way to adapt to and you suddenly distance. Once mulberry shouldn’t and you are so good that we not good time I also could be so bad. Even though you get out of my life, but I still want to know everything about you. Do not contact does not mean do not miss, now you are, have a good time? Have so a moment, you have think of me?