I'm now pondering closing my long 'scalp' from Tuesday, over the 5 day close.
I dont like having to pay for the 4c spread each time.
- ps that post above, silver is 'used up' by industrial processes, but in modern times, much more of it is reclaimed than in the past. Also photographic use has to be falling strongly , so I suspect that more 'industrial' siver is being reprocessed than at any earlier period.
also the fact that Buffet and Gates may be long silver is not all that convincing at getting me to stay long . They are not silver specialists and are probably not in the caretels.
- Even so 2006 should see silver up 10-20% from here ar possibly $10-11 by mid or late 2006 IMO. Now should be a good time to buy into fairly cheap silver stocks.