Wednesday, April 20, 2011

Silver Gold vs. Companies SLW

SLW I've noticed that a lot of the members the past few days are really getting hung up on SLW. I just don't get this at all. All along we have been talking about the SLV and GLD as the ones to hold. Now I know in the past we spoke very highly of SLW but I know this endorsement was one of "as long as the COMPANY and Chart was working. Which during that time it was. The big difference between the two is that one is a company and the other is an ETF. SLW has real earnings to produce and humans at the wheel unlike the SLV which is a proxy of what the world market is for silver. Look at the chart for EGO, would you ever want to own EGO over GLD? NO. How about ABX? NO the companies just don't work compared to the EFTs. So why are so many people trying to WILL a trade? SLV is up from from FEB to Now 26.00 to 45.00 darn close to a double why is anyone fighting this? GLD same chart compared to the COMPANIES. Your charts are not only giving you a home run but many here are not swinging a the ball insisting on a different pitch. We haven't seen a slow pitch softball like this since 07' GOOG or the March 09' bottom. Don't buy the Companies!

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