05-05-2011, 03:33 PM
well, that's the whole point of investing in commodities isn't it? To hedge against inflation? :mrgreen: Funny enough after this massive selloff Im still up 42% on SLV =) The fundamentals are still all a disaster and this was the banks trying to push back one last time against the inevitable. Silver will rebound. COMEX still doesn't have anywhere near the silver on hand to meet their contracts so the supply is still limited. Obviously Id be happier if I sold at the high and then rebought some now, but I am always looking long term.