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Re: gfp927z post# 11608

Thursday, 03/02/2017 4:38:52 PM

Thursday, March 02, 2017 4:38:52 PM

Post# of 19856
gfp: Well so far I'm in SRTY at $45.33. I held it through the day and it closed today at $47.12. I'm hoping some of the downward momentum continues tomorrow. But in any case I'll sell it all by the Friday close at the latest. The metals got blasted again. Just as the European markets were closing some "entity" (undoubtedly one of the Fed proxies) dumped $2 Billion in silver futures. The manipulation never ends. I read a comment by some analyst that described owning precious metal mining stocks/ETFs as being like owning "futures" in precious metals.They're going to be a big winner...someday. But owning them is periodically frustrating.
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