Replies to post #9150 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[MetalFillBoy]

Hello al44.

JMHO, but any silver you get your hands on at this price is a bargain.

Yes, I agree, and am grateful for the opportunity to get in. I have been doing alot of reading, trying to figure out which is better to buy, gold or silver, and it appears that silver moves about 2x that of gold, in percentage terms.

http://www.321gold.com/editorials/hamilton/hamilton112108.html

I have read about the COMEX also, and the potential of a huge rally there. The only counter argument that I have read was that only about 2%, on average, of the contracts traded are actually delivered on (If I can find the link again, I will post it). And I have not read of any estimates of how many may be delivered on come Dec. What will happen if 4% are delivered on, twice as average?

At any rate, we will all find out here over the next couple of weeks if there is going to be a meltdown at the COMEX.

Thanks for your comments!