who is buying???, page-92

I am buying.

The question is what to buy,
and my decision is cost averaging into physical silver at these levels and definitely below.

Reason number 1 remains the same, on an inflation adjusted basis, silver is the most undervalued precious metal, gold can still come down $400 and be above its 1980 high.

Reason number 2 actually improves, with silver being undervalued and overconsumed, industrial consumption of silver being the silver bugs best friend in the longer term.

Gold juniors and explorers were smashed again last night, and I have no hesitation throwing some loose change that way after many have dropped 80% on AVERAGE, with a good chance of this ending with a >90% drop in the next few days/weeks. There will literally be quality gold stocks for a few cents per share, particularly if gold slides toward 1200 and below.

Good luck to all.