Silver -6%! The Collapse has begun!! Wed 12/14/11 update

Silver/Gold: BEAR
Dow/S&P: BEAR
GLD, GDX, SLV, IYM: BEAR
always good to average into metals on dips, have cash and "Diversify"!

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• Gold
• Silver
• Commodities
• trading
• crash
• depression
• recession
• Germany
• China
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• MF Global

[waldentree]

Silver is fucked. Get over it. US dollar reigns supreme for many years to come. LMFAO.

[bullorbearreport]

@waldentree We'll I'm still laughing to the bank because I'm up over 150% average since I started buying Gold at $650 & 150% from my silver $11's purchases... Where has the dollar gotten you in the past 5-6 years. -50% purchasing power at the minimum if now worse... It's a false sense of temporary security.  I always advocate Holding SOME CASH as I said in many video's. But Diversification is the key to survive and thrive.

[hdtwal1den]

Okay, so let me get this straight. Silver fell because 1.) the dollar is rising 2.) the Fed isn't doing QE3 right now, 3.) Europe is imploding and that makes the US look solid 4.) China is imploding so commodities are going down, 5) treasuries are going up 6.) traders are drinking eggnog.

BUT .. . OTHER THAN THAT, there's no good reason for it to go down. Dude! C'mon. Love ya, but ya gotta look at your investments objectively. Sometimes things go down for a reason (or six)!

[bullorbearreport]

@hdtwal1den I was just giving everyone one reason they could pick from or none of the above. Either way the trend is in correction and it is what it is.... Caution advised and keep accumulating Gold/Silver with spare cash on a regular basis. My best advise.

[viwinner]

just bought me 10 oz of the physical on the bottom of the dip.

[bullorbearreport]

@viwinner Awesome!

[SLVBULL]

Silver getting smacked down. Noise people that's all it is. The banksters want to shake out the weak players. Silver is not for the faint hearted. I thank jpmorgan every time silver gets smacked as I just keep buying more. It's a "gift". Stack the smack you tubers and don't listen to any so called experts calling silver and gold being in a bubble. Look at silver as being an elastic band. The more they pull it down the higher it will rebound. Stack the smack.

[dbztiki]

Wait a sec, Cramer said to sell everything? That means it is time to buy.

[SunShine8308]

@bullorbearreport I think bullorbear is not misleading or misled. What he is saying is that long, long term it makes sense, but it may not pay off for a very long time, and one should probably not buy strictly with profit in mind, but as a safety hedge. -"tarotworldtour"

[JPMorganSuckBalls]

Bear for a very very short-term



[itsadeadmansparty]

thanks

[magichandpuppet]

It may be better to Not pay down your mortgage as it could get inflated away. It may get really cheap to pay off from the sell of precious metals. It's a gamble, but that is my strategy. We'll see if it works I guess!

[hdtwal1den]

@dbztiki Hahahaha! Amen, brother!