$ Silver $
- Thread starter SethArb
- Start date
Well, you couldn't read about silver without reading about the ETF for the last two months. I saw estimates for a $2 rally on the approval. Silver was suppossed to be running up on expectations that the ETF would be approved. That is how tops get put it on markets, bullish news isn't bullish anymore although that is not the case here, yet.
Keep in mind that I know very little about silver's fundamentals. I do know that if silver gets back down to where it spiked, I'm going to be short.
Keep in mind that I know very little about silver's fundamentals. I do know that if silver gets back down to where it spiked, I'm going to be short.
who knows. im in this for the long haul. on a dip i might buy some more but i figured thered be a huge move one way or the other...
i cant find any details on the supply side of the issue. ie - how much physical will barclays gobble up under ther terms of the sec's ruling etc... ive heard anything from 1.5 million ounces to 130 million ounces. as there is really no above ground supply to speak of....
i cant find any details on the supply side of the issue. ie - how much physical will barclays gobble up under ther terms of the sec's ruling etc... ive heard anything from 1.5 million ounces to 130 million ounces. as there is really no above ground supply to speak of....
you should continue this conversation when the Barclay's ETF starts trading, in the mean time, perhaps you should look into fundamentals. What happens to the price when you want to buy 1000 shares in a company that has only 2000 shares?What happens to the price when you want to buy 1000 shares in a company that has only 1000 shares? Etc, etc.
Conclusions are obvious, but everybody wants to know when? In this case "when" is determined by your patience only.
Conclusions are obvious, but everybody wants to know when? In this case "when" is determined by your patience only.
