News Focus
News Focus
icon url

FinancialAdvisor

05/24/06 11:00 PM

#17053 RE: FinancialAdvisor #17012

***$ILVER $ILVER $ILVER (THE "PHYSICAL" STUFF/SHINING METAL)***

This bottom will test the patience of people, but notice, the PHYSICAL $ILVER is far outweighing the performance of the equities... in other words, it PAYS OFF to own physical $ILVER, this is the first MAJOR SIGN of this that I have seen folks, and it's a sign that $ILVER is heading much higher and it's a sign that the BROADER MARKET is at a CROSS-ROADS.

From SPOT $ILVER's Monday 2:55 AM bottom at $11.90 the ounce to today's NY closing spot price of $12.51, is a gain of how much? (+5.12%) - How about an entry of $12.15, since an entry at $11.90 was basically impossible to today's NY Spot market close? That'd be a simple gain of 36 cents or +2.96%.

With that said, again, it PAYS to own the PHYSICAL $ILVER!... literally, especially if this is a sign to further substantiate my claim that $ILVER is going to $18+ within 6 months?

The bottom line here however is someone who bought say CDE when it hit the 50 weekly moving average at $4.63 and is still holding as of today's close of $4.54 is down 1.94%! Basically if someone had 50% physical $ILVER and 50% CDE equity than they are actually up on the week thus far thanks to a "bullish" hedge using the physical $ILVER as the bread and basket of ones' portfolio...

Below you'll see charts for physical $ILVER as well as CDE just below it and a host of other "silver-related equities" to compare...