TSXV:SLX.P - Post by User
Comment by
bruchawon Jan 27, 2011 9:17pm
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Post# 18038213
RE: RE: RE: Tonight
RE: RE: RE: TonightI agree, but it will help to keep in mind that there are two separate markets... the paper and the physical. All that the take down in the paper market accomplishes is discount prices on the physical. Therefore accelerating the defaults that are inevitable. Physical will fly off the the shelves... it is already occurring in 100 ounce bars (shortages are occurring as we speak). Premiums are developing on the physical because it doesn't want to follow the paper lower. It may sound insane but in a twisted kind of way I like to see the markets get smashed down... knowing that this is the equivalent of a poker game where they are saying they are "all in"... bring it on...this way we get to call in March. We are going to win... it isn't any longer an "if"... it is only a question of "when".... my answer is 2011.
Cheers