silver was the better buy today

Discussion in 'Metal Futures' started by morganist, Nov 4, 2009.

  1. although gold went up silver went up more.

    http://www.kitco.com/market/

    i think if you know what will happen with gold you know what will happen with silver and get a better mark up due to the disparity in the price.
     
  2. Beta can cut both ways :cool:
     
  3. be careful ... if you are waaay in the money with silver

    take some off the table

    silver could fly up or down a few $$$ in the next few months

    it could take its clue from the nasdaq , gold , copper , oil , beans , sugar or just the dollar or all of the above
     
  4. Same.

    GC +2.3%
    SI +6.04%
     
  5. Watch the EUR/USD to get a better read on PGM's other aspect of the trade. BTW people are paying $20.00USD + for physical from ebay. Look at the bid action for some retail market sentiment.

    Akuma