Americas Silver Corp fka USAPF

[permabear]

Folks need to keep their eyes on the big picture. Silver is taking a pounding along with gold and other commodities in part because the Fed's most recent announcement didn't mention any hint of any more Quantitative Easing. Gold has ridden the QE binge because of all the money printing that contributes to debasement of the dollar and increase of value of stuff, like gold and silver. Some conventional money pundits are saying, as always, that the gold bull market is over. If you believe that, then get out of all the miners, including USSIF. If, on the other hand, you believe that the current economic recovery is a head fake and the Fed won't have a choice but to bring back more QE, then hang in their with your PM holdings, including USSIF. Eric Sprott continues to predict that this is going to be the decade for silver, and silver is going well north of $100. If Sprott is right (and his track record is excellent), USSIF won't be trading in the $2.00 range forever.