$iShares Silver Trust (SLV.US)$ lesson learned! Precious met...
$iShares Silver Trust (SLV.US)$ lesson learned! Precious metals sucks! Can't hedge against anything even during market distress, just drop like a piece of rock on free fall!
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SpyderCall : Gold is falling mostly due to the rising dollar. Gold and silver travel in tandem most of the time. Gold and silver will rise if and when the dollar starts to fall. Here is a picture of the inverse correlation between the dollar and gold. I posted about this inverse correlation several times in the past.
not-a-cow SpyderCall : Correct.
Ultratech : buy up the mining ones, diversify