Saturday, May 14, 2011

Tis but a flesh wound

  So silver is off 35% in 4 weeks, Remember this is war - I've seen  Worse.  Anybody cares to look at a chart of silver the last decade - you will notice multiple 60% off sales. Its the nature of the beast. Having lived thru multiple 60% corrections the last decade, I could do this one standing on my head.

  It would appear the Evil Empire is going to defend the $50/oz level in Silver. Bully for them. Nothing has changed from a fundamental perspective. It is not a question of how much higher silver is going, but rather how many zero's will it add over the next decade?

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