SILVER 0.30% $15.25 silver futures

Last week I posted a 10 year POS chart and I included with it my...

  1. 3,413 Posts.
    Last week I posted a 10 year POS chart and I included with it my comments as to where I believe the POS is headed at last in the near term.

    I want to reiterate that I maintain my stance on this despite the objections from those who are obviosuly heavily invested in either physical Ag , Ag equities or indeed both.

    IMO I believe many are at risk of "playing" in a game in which they are out of their depth.

    I have exposure to Ag via direct equities so I don't warrant being burnt at the stake, but my level of risk is limited using my own trading/investment strategy.

    Many I fear however are getting caught up in a significant speculative market - SILVER.

    By all means play the game so to speak but remember nothing is for certain despite all the conspiracy theories about where the POS is headed and the espoused reasons why.

    Exercise caution folks, IF the POS gets an overnight beating you can expect the likes of AYN and Co to cop the mother of all floggings.

    WC8
 
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