What Happens To Gold And Silver Next? Look Out Below?

Those who stand to RISK the most stand to LOSE the most. But they also stand to MAKE the most. But those who DO indeed risk the most, stand a much higher percentage chance of LOSING more then they MAKE in the long run, as the house always wins in the long run, just ask Vegas....

Interesting how that fact is interwoven into the fabrics of our existence...

I could agree from that angle as well WJL, but FAR more fail on the way to becoming the big dawg RISK taker, then those who make it I figure....

I think there must be a fine line of moderation where being safe and bearish perhaps at times, and bullish in others comes to play eh....

Sure there will always be leaders and there will always be followers but there is much grey area in-between as well....

but FAR more fail on the way to becoming the big dawg RISK taker, then those who make it I figure....

Personally, (your experiences may be different) I've lost far more money buying things after a big rise in the long run than buying things in a decline. One of them was Enron. But unlike commodities, stock can and do go to zero. Even blue chips. There are companies that were once in the S & P 500 and DOW that don't even exist anymore and thats where true risk lies, but gold and silver are still around in the exact same form. Your biggest risk is always perception and its difficult to gauge peoples perceptions, just know that they are almost always false and that most people's beliefs are rooted in fallacies and misunderstandings.

As for trading I have executed thousands of trades and I don't think I ever bought an absolute bottom or absolute top or even really came close in any relative sense. Its basically a fools endeavor and why the most traders only break even in the long run, at best. The best traders I knew though got their experience trading commodities and were not technical traders. I knew so many people who got crushed technical trading because they had absolutely no fundamental sense of what they were trading.

"Many are saying the CRIMEX will default very soon,
hence the smack down. As I read "A default can occur if too many longs stand for delivery"

I think that is highly unlikely. What happened when paper prices were rising in 2011 rapidly and Comex stocks were falling? They simply raise margin requirements and the leverage and thus the danger of default leaves the market.

More negative news for US economy...seems like a daily occurence each day..."The index of U.S. leading indicators unexpectedly declined in March, and manufacturing in the Philadelphia region slowed this month, adding to evidence the economy will cool.

The Conference Board's gauge of the outlook for the next three to six months fell 0.1 percent last month, the first drop since August"


lol...US stock markets get abit of a bump earlier due to last round of QE, low interest rates, and everyone thinks we are in a good recovery.

I wonder how long until another stimulus package is announced.

Even in Canada hearing interest rates are not expected to increase until mid 2015...so much slack in all these economies.

But like Yup says, we are in a good recovery everywhere...things are so great.

We are creating about 6 dollars of new debt for every $1 of growth. Until that changes there will be no meaningful recovery. The negative real interest rates must go away. Investing into negative rates is a death wish.

If an economy is "better off" going further in debt by hundreds of billions if not trillions every 6 months with a very slim to no chance of ever paying it off then we truly do live in a fantasy world. I guess I will just stay in my own little world and buy P/Ms , at least I don't owe any money anymore and never will again.