The silver market and South American Silver have wrung me out to dry. I have no idea what SAC will do from here.
Intuitively it should go up; governments worldwide are increasing their debts beyond the bounds ever imagined.
It was easy for me to enter this stock at 40 cents and determining that it would rise. Now we seem to be in a funk, so I cannot answer your question, other than eventually it will go up.
Although the Dow was up 490 points yesterday, I do not see this as a long trend. Any severe drop in markets will pull all stocks down. Good stocks like South American Silver can easily be pulled down, as people rush out the door to protect profits or selling to cover other short positions.
My holding in SAC is only 10% of its former position, as I have been into energy stocks lately.
Sorry for the nebulous reply,
sumi
PS: My biggest personal investment has been the time spent in expanding my gardens, as I can readily eat food and not stocks. Both are equally important to me.
