Replies to post #21604 on ***Precious Metals Investors Club***

[Toofuzzy]

Hi SP

I think you misunderstand what I do.

1) I own certain things. I will always own them. SLW is one of them. For arguments sake that might be large, small, foreign, reits, fixed income.

2) how much I own is determined by price. I buy more as something goes down and sell gradually as it goes up.

I also made the comment that SLW seems to be a bargain anytime the price is under spot silver price. That seems to be the opposite of your reaction to what I wrote.

I think SLW is a good buy here, certainly better than a year or so ago. It will recover when silver goes back up. I have no idea where the bottom is or will be.
Toofuzzy