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Re: Bobwins post# 22865

Wednesday, 12/29/2010 2:47:06 PM

Wednesday, December 29, 2010 2:47:06 PM

Post# of 35711
SPM.to - I added some shares today at $1.00. I haven't been much of a Jr metals bug lately (though have enjoyed the incredible run-up in FR.to). Scorpio seems like one of the few remaining producers that hasn't seen much of a rise due to record silver prices.

I guess I've been reading too many of Richard Russell's Dow Theory Letters lately, so I'm starting to believe that precious metals still have a a climactic speculative third phase to come. There may be short term weakness (pundits have been saying that for months now), but we've still got a ways to go longer term.

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