iShares Silver Trust (SLV)

All Comments on SLV

  • commenter
    Oct 06 10:33 AM
    My Website
    Long Gold and Silver: A Lifeline for Struggling Hedge Funds? [view article]
    Recent FED bailout amounts:

    Temporary Bank Swaps: $620 Billion
    Term Auction Facility: $450 Billion
    Wachovia Sale: $270 Billion
    Discount Window: $262 Billion
    Fannie/Freddie: $200 Billion
    FED Balance Sheet Fix: $100 Billion
    AIG Loan: $85 Billion
    Money Market Guarantee: $50 Billion
    Bear Stearns Guarantee: $29 Billion
    Ford/GM Loans: $25 Billion
    -----------------
    Total: $2.091 Trillion

    Hey, what's another $2+ Trillion when you're already $10 Trillion in debt? I'm sure it won't be inflationary in the least. The dollar will certainly hold its value and foreigners won't EVER begin to rethink their use of the dollar as the bulk of their reserves.
    Reply
  • commenter
    Oct 06 10:13 AM
    Long Gold and Silver: A Lifeline for Struggling Hedge Funds? [view article]
    The dollar play isn't a flight to safety. Institutions have to pay off debts and such in dollars and are selling euros and buying dollars to do so. After this temporary period, the dollar will resume its fall. I have to admit I'm astonished at how far the dollar has risen. But today it has fallen drastically against the yen, and gold and silver have risen significantly as well (despite oil's fall). Everything is volatile in this market. One ought to avert his/her eyes and do nothing. Reply
  • commenter
    Oct 05 06:17 PM
    Silver Linings in the Panic Selling and Madness [view article]
    Affirmation is blissful. My thought which comes from a friend and money manager is DCA down and do not loose sight of a stock based on environment as opposed to bad stock itself. We are in it.. but there is a ray of sunshine in these great stocks with a yield.. as the price drops.. these stock with great cash holdings will only increase their yeild and become even better value stocks.. then one day they will return to a better growth stock again. Watch NUE.. I see a 4% yield, if it doesn't bounce out. Reply
  • commenter
    Oct 05 03:55 PM
    My Website
    Silver Linings in the Panic Selling and Madness [view article]
    Make sure that you always have your Exit Strategy in place from the start. One that will constantly adjust itself to the stock / etf's behavior and market conditions. One that can help you achieve that goal of cutting losses while letting profits run. That's the way to successfully invest. www.smartstops.net Reply
  • commenter
    Oct 05 01:41 PM
    My Website
    Silver Linings in the Panic Selling and Madness [view article]
    We could see silver touch the $10 dollar range. I would hedge in here all the way down to 10 if necessary. Reply
  • commenter
    Oct 05 01:30 PM
    My Website
    Silver Linings in the Panic Selling and Madness [view article]
    The same approach you are suggesting on FCX could be taken with Penn West Energy Trust (NYSE:PWE) whose yield for now is near 18%.Not too long ago Morningstar put a fair market value of $37 per share on this well-managed, resource rich Canadian royalty trust. The key to my article is found in two facts: 1). Everybody seems afraid of everything right now (a.k.a.unbridled fear) and 2). Every step that the treasury dept., Congress, and the Fed takes to ease the credit tightness, increase liquidity and inflate our economy is inevitably bad for the value of the dollar. They are debasing the dollar's buying power over the medium-term, and you know what that usually means for things like precious metals. These are the realities, not the emotions or opinions of pundits.
    Thanks for your comments and for sharing your perspectives.
    Reply
  • commenter
    Oct 05 11:11 AM
    Silver Linings in the Panic Selling and Madness [view article]
    FCX is a great buy here as are many other commodities--such as coal stocks, platinum, and many of the junior resource stocks. We are in a deflationary moment, but not a deflationary period. We're going into a very bad inflation with resources ultimately on their way up. The dollar is up right now due to technical issues of euro holders selling to obtain dollars for business reasons not fundamentals. Reply
  • commenter
    Oct 05 09:38 AM
    Silver Linings in the Panic Selling and Madness [view article]
    CLH talks like my broker and history proves them right. Still,not because I am a contrarian, I will buy at or near 40$ 50 shares of FCX and will buy 50 mores if or when it goes down to 35$ ,anther 50 shares at 30$ etc...It doesn t pay to be arrogant and to fill a position at once, not in this type of market. If FCX doesn t go to 0 I should come ahead in 2 or 3 years from now,do you think it s going to 0? I don t think so and do not forget the nice yield that goes with it while waiting. Reply
  • commenter
    Oct 05 09:24 AM
    Silver Linings in the Panic Selling and Madness [view article]
    We are in new international market territory & the long term rewards of gold & silver will be profitable as US dollar declines. Reply
  • commenter
    Oct 05 09:03 AM
    My Website
    Silver Linings in the Panic Selling and Madness [view article]
    nice article, interesting info - thanks! Reply
  • commenter
    Oct 05 07:41 AM
    Silver Linings in the Panic Selling and Madness [view article]
    The stock market always looks to the future while you are looking at the past. The market believes we are headed for a recession which means commodities will go down in price. I am shorting commodities which just came off a huge bubble.

    Commodities are good buys when the PE ratio is high or better when they are losing money (2002). I can see no reason to buy commodities while debt is being eliminated--deflation.
    Reply
  • commenter
    Oct 04 03:14 PM
    My Website
    High Number of Gold and Silver Mergers Forecasted [view article]
    Buy Yamana Gold!!! It's a winner. Under $ 7 it's a steal. Shovel it in. Reply
  • commenter
    Oct 03 12:35 AM
    My Website
    Whether Bailout Passes or Not, Implications for USD Are Bad [view article]
    3 months before you see any dollar drop. After pres election you'll see a large drop off. Reply
  • commenter
    Oct 02 11:39 AM
    Whether Bailout Passes or Not, Implications for USD Are Bad [view article]
    Perfect YANK!

    Right on!

    Do you think anyone is listening?????
    Reply
  • commenter
    Oct 02 10:58 AM
    My Website
    Whether Bailout Passes or Not, Implications for USD Are Bad [view article]
    Montyman, here is the simple answer, although I don't know how useful it will be to you :) Everyone commenting here is correct.

    Until the banks can get that credit out, we will have deflation as credit, in reality, is extremely tight. However, these banks are in the business of lending out that capital, so as soon as the major players get a whiff of improving credit conditions, they will race to find as much business as possible. When all the banks do this, credit will flood the system.

    The Fed's plan is to drain the excess liquidity at that exact moment in time. I foresee that being unlikely as timing it is as difficult as timing the purchase of gold at the bottom. In addition, they will likely be unwilling, because inflation will be the only way to have a V-shaped recovery in equities, which is the benchmark by which most Americans judge the effectiveness of their leadership.
    Reply