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RE: Week 20-24 results update - semi bro down for the weekend

in #silver7 years ago

This is why I only play in the physical. Its always an ounce. To me when price goes down it is buy buy buy. Seeing a purchase at $21/oz and spot at ~$16 does sting but I just keep holding on. I buy it at $16. I do not ever sell for less than I paid. For me Silver is all about long term stability and the avoidance of an all fiat life. I don't exactly go 50/50 but Silver is highly manipulated. Who knows where it will go in the next year or five or ten years. I remember when Platinum was more expensive than Gold. Just goes to show you the market does what the paper market tells it to do. Physical all the way for this guy.

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I still made a nice profit this week with 2/3 shorts hitting target with combined +0.55 $ and just 1 short hitting SL just 0.05 $ above cost.
Physical is long term investments not trading. Wrong channel for that my friend :)