dont panic , page-2

Good post TRIG

There is a lot of fear out there at the moment and a lot of commentators saying that big money is exiting Euro and an underlying fear that there will be a run on some of the banks. That could set of a big contagion in my view.

Our own banks need the back up of overseas liquidity so it is understandble that the gitters are in.

If cash is going to be a problem then a holding in AYN will survive as the intrisic value, though down on paper, will come through this. One could say sell and buy in cheaper but as you experienced this morning it is not that easy. And with news on production now at any time one could be caught out of the market.

I am resting well with my holding and of course physical silver as the main backstop.