Friday, January 21, 2011

Silver

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

7 comments:

  1. EconomicDisconnectJanuary 21, 2011 at 3:08 PM

    I am interested at $22.50.

    ReplyDelete
  2. CPJanuary 21, 2011 at 3:09 PM

    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.

    ReplyDelete
  3. EconomicDisconnectJanuary 21, 2011 at 4:07 PM

    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!

    ReplyDelete
  4. CPJanuary 21, 2011 at 4:15 PM

    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

    ReplyDelete
  5. EconomicDisconnectJanuary 21, 2011 at 4:19 PM

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

    ReplyDelete
  6. CPJanuary 21, 2011 at 4:22 PM

    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?

    ReplyDelete
  7. JamesDavidJanuary 21, 2011 at 5:28 PM

    http://cheezburger.com/View/4379457280

    ReplyDelete