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RE: Why Silver’s Mysterious Flash Crash Enraged This Trader...
i have silver and gold in physical and don't trade the markets as they are manipulated
i have silver and gold in physical and don't trade the markets as they are manipulated
People rarely trade in the physical market, due of storage costs. Because of that, the price in the physical market follows the price in the black market or the paper contracts. What I'm saying is that trading the physical is not going to protect you against the manipulation of price.
stops margin calls while holding though
Of course. Because you won't be using any margin lending/borrowing! And that factor alone will play a crucial role in your psychology behind trading because you won't have to worry about getting stopped out. You know that the price will eventually go up so you will hold on to it even if it drops 20% on one day! :]
thats right -- the daily price is not my concern - i am in it till things hit the fan
That's the right spirit in my opinion. Keep it up! ;]