Yes margin calls are an issue and can drive a good thing down, however a 20% correction from $50 is only 10 bucks, to $40, so what? A 50% correction to 25 bucks would make my day, will it happen, in today's value, I don't think so.
If I could magically buy a six pack of XXXX for $3.00 may be $25.00 again.
It seems the ways of old (making money on the short side of silver) are over, it seems.
You just can never tell what is around the corner, as I type I still have to look twice at the silver chart http://www.goldprice.org/spot-gold.html
If you step back and have a look, incredible!
It wasn't that long ago posters were celebrating $25, could you imagine the depression if we corrected all the way back to under $30?
It would be naysayer delights if it did, things to consider, SILVER WAS at $27.00, 12 weeks ago!!!!!!
Keep things in perspective is my message!
Yes margin calls are an issue and can drive a good thing down,...
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