tag:blogger.com,1999:blog-2207076947655236975.post6228502763697454334..comments2024-03-14T07:32:30.141+09:00Comments on Marketing Japan: Silver Price Recovery Begins Tomorrow May 9, 2011mike in tokyo rogershttp://www.blogger.com/profile/04977446676243085409noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2207076947655236975.post-40084627244416475422011-05-10T08:14:43.131+09:002011-05-10T08:14:43.131+09:00I've got a ver old, 100% silver (no polishing ...I've got a ver old, 100% silver (no polishing needed) full silverware set. I could use the $$$ but I'm guessing it's a good time to hang onto it, yea?annikhttps://www.blogger.com/profile/05455483303370044041noreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-76413724115896588662011-05-10T07:48:07.314+09:002011-05-10T07:48:07.314+09:00Dear Mike,
I got clobbered last week and was forc...Dear Mike,<br /><br />I got clobbered last week and was forced to close my ETF positions after losing 15% on SLV.<br /><br />I'm not one of the "speculators" with the "hot money" which the CME's quadruple-hike of margin requirements was supposed to shake loose. I don't even have a margin account. I'm subject to the 3-day buy-and-hold rule which left me with 33 shares of the fund I had bought variously between $37.50 - $44.00 ... I'm not angry at anybody. I consider it an expensive lesson; one which, in the scheme of things, I may one day be able to view with more equanimity.<br /><br />Lastly: My highest admiration goes out to you and the millions living on Honshu. After the enormity of the disasters - natural & man-made - the citizens of Japan are exemplars to the rest of humanity. In the incalculable enormity of destruction Japanese society - far from flying to pieces - has given us a hopeful lesson in the meaning of Civilization.<br /><br />With the Greatest Admiration Possible.Failure, the 1st Freedomhttps://www.blogger.com/profile/06695767296029994932noreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-71616001305115964422011-05-10T05:52:29.139+09:002011-05-10T05:52:29.139+09:00Looks like your little birdie was correct about th...Looks like your little birdie was correct about the bounce today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-56763051651280567142011-05-09T07:43:23.762+09:002011-05-09T07:43:23.762+09:00You bet I'm in! For a Chinese/Canadian silver ...You bet I'm in! For a Chinese/Canadian silver play I recommend Silvercorp Metals. They mine darn near pure silver. Production cost is $7 an ounce. I don't think silver is going back to $7. Trades in Toronto under SVM. Down 1/3. Planning to ride it back up, making 50% on my money. Yee-hah.Hiroshima Billnoreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-28264777665214756802011-05-09T03:53:53.719+09:002011-05-09T03:53:53.719+09:00Hmm.. do not know what to believe anymore. There ...Hmm.. do not know what to believe anymore. There are some strong cases to be made for silver to increase above the 50 mark, but there is so many other factors including manipulation that the little guy is at the mercy of the powers at be. I am tempted to sit on the fence a bit. COMEC is going to raise margins again on Monday. The physical silver bulls may not be able to stave off this pressure. I am still long on silver though. The fundamentals have not changed overnight nor will they as long as the US dollar is still getting hammered and the Fed keeps spitting out monopoly money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-13052423064435247012011-05-09T01:54:45.180+09:002011-05-09T01:54:45.180+09:00still on the fence, but i may buy some AGQ for a w...still on the fence, but i may buy some AGQ for a weekly lottery ticket.Anonymousnoreply@blogger.com