PM

Precious metals tanked again today for the 3rd day in a row. Hope you
sold a few days ago...or are waiting for the roller coaster to go back
up again.

Jud -Still holding on, possibly foolishly-

On Jan 6, 4:04*pm, Jud wrote:
Precious metals tanked again today for the 3rd day in a row. Hope you
sold a few days ago...or are waiting for the roller coaster to go back
up again.

Jud -Still holding on, possibly foolishly-

Right this moment (Thursday night) gold is down about 4% from the top
and silver down about 8%.

These are hardly shocking numbers/percentages, especially if you
didn't purchase 100% of your holdings last Monday or Tuesday - which,
I assume, most of us did not.

IMHO, there seems to be some kind of liquidity crisis shaping up in
Europe this week and that kind of thing causes some people to go to
cash on a short-term basis.

oly

"Jud" wrote in message
...
Precious metals tanked again today for the 3rd day in a row. Hope you
sold a few days ago...or are waiting for the roller coaster to go back
up again.

Jud -Still holding on, possibly foolishly-

Since there's no tax advantage to holding gold or silver bullion a year
before selling, I presume quite a few active investors punched the sell
button when silver hit $31 and were buying back in today and ready to sell
again when it creeps back into the $30's.