Tuesday, October 22, 2013

Got the SILVER Blues? Chill out & ride the wave

Got the SILVER Blues? Chill out & ride the wave. Unlike plaid bell-bottom pants, silver is not going out of style. Silver is not a passing fad. It is even more timeless than a Harley. The main problem with many silver investors is that they go all in and expect huge returns right away. It's an investment that needs to be added to a little bit at at time. One real advantage to silver is that you are much less likely to spend it like fiat money. People tend to save silver better. When all the silver pundits are starting to do cartwheels, later on, over stellar price movements that will be the time to sell some and buy some things that you can use long-term. With Janet Yellen coming on at the helm and the recent jobs report not looking good, do not expect any QE taper soon. It a patient game and the correction period is taking longer than the silver bulls expected but patience like a cat, is the strategy of the day, month and year. Patience will be rewarded.

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