Monday, October 26, 2009

Silver Bugz

A couple posts ago, I gave my general, albeit abbreviated view of silver.

Now come to find out, Otto has presented his thoughts on one of the big silver bugz. When it comes to always bullish silver guys, I usually just lump them together as a merry but crazy band carrying on a fine tradition post-Hunt brothers. But Otto looks at one of the leaders in a bit more detail and no like what he sees.

All I will say is that when silver drops for real, it resembles something more like lead than gold. That is usually around the time that the silver bugs start railing about evil government forces at work... or is it alien forces. I dunno.

I will say that I saw a rational and well thought out silver article last week by a gentleman named Roland Watson. He is usually a very sane and measured voice in the world of silver trading. He'd better watch out or he is going to give the silver bugs a bad name.

Hey people, all I am saying is to think for yourselves. Use trusted information and opinion sources but for crying out loud, use your own god given b/s detector. I know most readers of this blog already do so but still, given the huge herds out there waiting to be sheared, I thought I'd bring it up again.