Saturday, October 18, 2008

Silver: Nobody wants any more?SLW, SSRI, SST.v, MGN


If you think that Dow is too volatile these days welcome to Silver market. It is another victim of "Used to Be Smart" guys selling their positions. Believe it or not but we are back on a long term trend support. Should Depression becomes Recession and Inflation after FEDs medicine, Silver ride will be very impressive. It is very important to see when the US Dollar will give up to pretend to be "just fine" and Gold will take off, next will be Silver. Juniors were so much sold off now that you can buy them at levels of almost Beginning of this Bull Market in Silver. Do not forget that the market is so tiny, that any money inflows will move it exponentially.
First money will come to the big names like Silver Wheaton SLW and Silver Standard SSRI, then to the Juniors like Silverstone Resources SST.v a small brother of SLW.
Buy when the Blood on the streets, now in this sector is a tsunami of blood, once it will be substituted by all these printed trillions, silver will shine again.

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