Posted by: nepboy789 March 28, 2014
Login in to Rate this Post:
0 
? 
?
Hey Guys, if you seriously think that the market is going down, then isn't this time to buy some inverse ETF and Gold and Silver?
I also think that there will be at least 20-30% correction by the end of this year. I have bought some TZA last week, will see what happens.
I have put my bets mostly on Gold and Silver mining stocks hoping that PM prices will go up in next few months, if not, by the end of this year. SLV at $18.90 looks really cheap to me, what do you guys think? If you are happy with moderate gain or loss, SLV is good. If you are aggressive (like me), you can go with USLV.
But this all depends on where the gold price will be in coming days. There are many forecast that gold will be over $2000 by the end of this year and I have also seen some forecast of $750 for same time so lets gamble carefully.
I also think that there will be at least 20-30% correction by the end of this year. I have bought some TZA last week, will see what happens.
I have put my bets mostly on Gold and Silver mining stocks hoping that PM prices will go up in next few months, if not, by the end of this year. SLV at $18.90 looks really cheap to me, what do you guys think? If you are happy with moderate gain or loss, SLV is good. If you are aggressive (like me), you can go with USLV.
But this all depends on where the gold price will be in coming days. There are many forecast that gold will be over $2000 by the end of this year and I have also seen some forecast of $750 for same time so lets gamble carefully.