Friday, January 21, 2011

Silver

Looks like Credit Bubble Stocks may have nailed the top in silver.

7 comments:

getyourselfconnected said...

I am interested at $22.50.

CP said...

Yeah... we may think that now, but when it gets to 22.49 and it still is coming out of the ground for $5 I think we will probably reconsider.

getyourselfconnected said...

Been in silver a long time, so that is where I am interested in adding, but if it goes to 22.50 in an hour on Monday I would rethink it, HA!

CP said...

Just giving you a hard time!

But... if you wanted to put your money where your mouth is:

http://finance.yahoo.com/q?s=SLV120121P00022000

or

http://finance.yahoo.com/q?s=SLV130119P00022000

getyourselfconnected said...

Options scare the crap out me, I am a simple type.

CP said...

Yeah, I'm just saying - anyone who wanted to commit to buying silver could get paid to take the risk by selling a put.

It's a good way to judge how sure are you, REALLY, that your price is a good value. Would you be willing to write insurance against the market going lower?

I see you are also a NFLX bear?

JamesDavid said...

http://cheezburger.com/View/4379457280