Americas Silver Corp fka USAPF

[permabear]

We're in another deflationary phase. We go from waves of inflation to deflation. If the economy and stock market tank too much, Bernanke will bring back the trusty old helicopter known as QE3. Until that day comes, it could be a painful drawdown for just about every asset class. For those who get impatient, we've seen this movie before. The question is how ugly does it get and how low does it go. 2008 was quite painful for precious metals investors, but in the end we still made our money back and then some. You can try to play the highs and lows, but if you happen to be out when the big up-move comes, you may miss out on the real money. I hate the drip drip drip of losses day after day, but I remain confident that if I just maintain my discipline and hold on tight, better days are yet to come.