And just like that, silver is back in the 30s.
Do you think it’ll go back down in the 20s? I’m a cheapass and I won’t buy it until it goes back down to its October price of around 22.
As much as I dislike Jim Cramer, he makes a good point when he says: “Bears make money, bulls make money, pigs get slaughtered.”. So take advantage of the correction and buy some not all. And it is hard to guess the tops and bottoms of these crazy markets.
bears buy low - cheap asses like me, I assume
bulls buy high?
pigs? what do pigs do?
Bulls catch the meat (middle) of up-trends. Bears catch the meat (middle) of down-trends. (Greedy) pigs get slaughtered by trying to sell exact tops and to buy exact bottoms.