***Precious Metals Investors Club***

[White Cobra]

Volatility Isn't Always Great


For those who are accumulating a lot of physical, or for those trading paper, I can see where volatility could be a good thing. I can also see where this can be positive for people accumulating wealth through a metals backed IRA.

Yet, not everyone here has a job or the funds to do the aforementioned steps. Some of us are unemployed and unable to buy physical silver in large amounts or trade paper on a daily basis. Therefore, we like to see silver and gold maintain solid price ranges or increase in value. Some of us would like to make the amount of money others of us would consider spare change.


So, please remember that different parties here a approach precious metals in different ways. Maybe one day, when I get a job or acquire additional funds, I may see volatility in a more positive light. In fact, I am considering moving my traditional IRA to a metals backed IRA once I obtain a new job.

Until then, I and others may prefer to see spot prices go up instead of sideways or down.

Peace Out,

White Cobra