Americas Silver Corp fka USAPF

[permabear]

USSIF will move with the direction of silver. Right now silver is hitting new multi month lows, along with gold, oil, copper, and agriculture commodities. For those who have followed these stocks for a while, they have been very volatile over the years. Europe is a mess. China's economy is weakening. Prospects for the global economy are weakening. This looks like another one of those deflationary moves where everything goes down in unison. We've seen this story several times before.

If you think that the current trends will continue, then by all means, get out. But if you think, as I do, that the Fed and the world's central banks will get back involved and start printing money again, then you want to hold on, if not add to your positions. There will be political pressure on the Fed to stand aside because more QE will be seen as political with the election coming. But Bernanke isn't one to be shy about stimulating. My view is that if the economy and stock market continue to weaken, Bernanke comes back with QE3, and it will once again be off to the races.