Clive Maund Silver Update

[SilverSPUR]

WOW! The list is really getting long! ... even the Royal Bank of Canada is on the list.

[Honey]

(06-21-2012 04:34 PM)dragonfly5 Wrote:  

(06-21-2012 04:26 PM)Honey Wrote:  

(06-21-2012 04:19 PM)agsilverbear Wrote:  This thread appears link cursed..

I think this is the link.....

LINK TO HOW FED DOES IT...

Funny - most accurate link ever!! Any curse on this thread is now removed.

... So.. Does Clive actually get $75.00 a month from people? I could see $20 or even $30... but $75.00 seems a bit pricey..

So... anybody want to guess what tomorrow will bring? Another slammin' day in the markets because of all the bank downgrades?

[SilverSPUR]

I own a little of SKF just for days like these.

[Viper_99]

Silver has been sitting at 26.9 for hours today - I have not seen that before. Usually it hits 26 for 10 minutes and flies up! I think silver is going down with the stock market tomorrow!

[Viper_99]

(06-21-2012 04:50 PM)SilverSPUR Wrote:  I own a little of SKF just for days like these.

Sorry what is SKF??

[Honey]

(06-21-2012 05:30 PM)Viper_99 Wrote:  

(06-21-2012 04:50 PM)SilverSPUR Wrote:  I own a little of SKF just for days like these.

Sorry what is SKF??

Hahaha!! I was going to ask that also... I am glad that I am not the only one who doesn't know..

SKF.. "Silver Kryptonite Fubar"?

[dragonfly5]

I almost pulled the trigger 3 times today - but held off. I was going to buy now - but I wait some more. Let's see what tomorrow brings - hard to imagine a strong bounce back, or any bounce for that matter - there is no good news out there.
If it goes down enough tomorrow I'll be able to add a few more oz. to my shopping cart.

[agsilverbear]

I think it's a double-inverse ETF used to short the financial sector. If that's right then that's all I know about it.

[Viper_99]

(06-21-2012 05:42 PM)agsilverbear Wrote:  I think it's a double-inverse ETF used to short the financial sector. If that's right then that's all I know about it.

That is a mouthful - I gotta get me one those double-inverse thingamabobs! Do they come in oz or grams? LOL - perhaps I should just stick with Ag!

[Honey]

(06-21-2012 09:42 PM)Viper_99 Wrote:  

(06-21-2012 05:42 PM)agsilverbear Wrote:  I think it's a double-inverse ETF used to short the financial sector. If that's right then that's all I know about it.

That is a mouthful - I gotta get me one those double-inverse thingamabobs! Do they come in oz or grams? LOL - perhaps I should just stick with Ag!

That just made me laught...

[SilverSPUR]

(06-21-2012 05:42 PM)agsilverbear Wrote:  I think it's a double-inverse ETF used to short the financial sector. If that's right then that's all I know about it.

Yes, you are correct! You and Viper-99 have described it better than I have ever heard before!!

An Inverse ETF is not great to have when the markets and the banks are in rally mode. So I only have a small amount of capital tied to them. And it is about the only thing I own outside physical gold & silver and mining shares. But, SKF goes hand in hand with silver and gold. I believe banks are going down as much as I believe silver and gold are going up!!

[Honey]

I knew Ags new what it was.. She is one smart potato!!

[Viper_99]

(06-21-2012 11:04 PM)Honey Wrote:  I knew Ags new what it was.. She is one smart potato!!

Or a smart patattah!

[StashAG]

(06-20-2012 03:23 PM)Honey Wrote:  I noticed that Clive is out with an update. He is calling for silver to plunge down to $20 or $21..

correct link~~!~

Clive has been wrong before... What do you think? Thoughts?

Re-reading this thread confirms my previous thoughts that Clive is shooting in the dark.