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33,191 Posts.
1405
16/05/11
17:25
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>>If you sell your precious metals now,you are the dumbest of the dumb!!!<<
One of the biggest bubbles of the last century has just popped, and here's something Ted Butler won't tell you.
One investment group checked out the 10 previous times silver had fallen by at least 15% in 3 days.
In the week following prices rose an average of 1%.
Prices then quickly resumed their descent averaging declines of 1 month (-3.1%), 3 months (-7%), and 6 months (-10.5%).
These are averages, some selloffs declined 30%.
If past performance is any indication of future performance then there's a 100% chance of silver declining further, not very good odds.
The good ship silver is taking on water, Davy Jones's locker is next.
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