Wednesday, May 22, 2013

Austrian Investing: The Silver downfall continues....

This is from May 2008 to May 2013

As you can see, we're almost below 2008 levels in silver. ?

Which doesn't really make any sense since the Fed has printing it's mind off, investment demand is at an all time high, silver production costs are sharply over this period. ?

As in comparison to Gold, here's the gold/silver ratio:

Historically it looks like Gold is a little high, and the trend here looks like Gold is on the rise as opposed to Silver. ?

I'm in some silver mining stocks and its just frustrating to see the silver plunge continue. ?If it continues, these companies are going to post huge losses. ?They're already way off of their highs despite the rally in the stock market. ?To me it's a great opportunity to take out of some of your all time high stocks and put more weight in these guys. ?I don't think the fools in london can hold it down forever and with the sharpness of the downward move, I'm guessing the upward correction will be twice as fast.?


Source: http://www.austrianinvesting.com/2013/05/the-silver-downfall-continues.html

MIRIAM MAKEBA history channel casey anthony dennis rodman rand paul Lauren Silberman Sim City

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