Buying silver now is absolutely out of your mind like trying to catch a falling knive. The daily chart of uptrend now become downtrend already. You're better off sell the rally of it. Even you want to buy, atleast wait until tonight US NFP news release first only decide. Wait until you see a daily close higher than it's open. If USD is strengthen again from that report, you can pretty much see it fall til $31.25/$28.13. By then, the big boys financial institution will step in and defend that price.

Anyway, it's your money your call. If you don't have a clue what i'm talking about, you are pretty much belong to the 95% of the losing investor. Invest by just holding and dont know how to exit when the price tells you in front of your chart is just suicide mission to me.

This post has been edited by FxPlayboy: May 6 2011, 07:54 PM


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