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Re: The Recession Fear Indicator Fades uncleharley  05-05-2008, 2:57 PM | Post #2514900
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I'm hedged, sort of.  I picked up a few shares of SLW in case we get a move in precious metals.  My reasoning is that the silver to gold ratio is favorable at this time.  This ratio is leveraged by a favorable ratio between the metals and the miners.  The USD may easily drop to the bottom of it's most recent trading range which would be about a 3% drop. Precious metals and the miners should amplify that move in the inverse and I can then cash out with a nice profit....  Neat, huh?

uh 

Topics inverse metals precious metals Silver SLW View Complete Thread
 
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