iShares Silver Trust (SLV)

[JLS]

Silver's a good trade, sometimes.

So I'll trade it maybe three or four times a year, and those trades won't last long because it's a trade and not an investment.

But it's been a terrible investment for several years.

I won't worry about what China may do and how that might affect silver.

In the meantime there are companies that are doing very well at selling their products and growing their profits, and that's where I'll put nearly all my money unless I can slip in an easy silver trade once in a while when it goes too far one way or the other within the pattern it has traced out for more than a year. When silver is in the middle of that pattern, I won't touch it because I don't know which way it will go.

Silver also does not track gold very well, and I think that anything China might do will likely -- no guarantee -- affect gold more than silver.