Long Position on Silver and Gold?

[roberth]

Silver is up on 18 right now, gold is up a little. Futures are flat, VIX is down 4 points from this morning, currencies are flat.

These episodes of panic are fun to watch, I'd like to see a few more countries break out of the EU.

[HoneyBadger]

Silver is up on 18 right now, gold is up a little. Futures are flat, VIX is down 4 points from this morning, currencies are flat.

These episodes of panic are fun to watch, I'd like to see a few more countries break out of the EU.

And XIV is up 5%: https://www.google.com/finance?q=xiv...mON8e9igKP1aho




ETA:

Im sure this has been said before, silver & gold are not investments they are a way to preserve you're wealth.

It only preserves your wealth if someone else believes it has value. In times of crisis, I doubt anyone will be begging for gold or silver on the streets or shooting each other to get gold and silver for their families. After the crisis, perhaps... but that also means that you have to survive the crisis for your gold and silver to be worth anything.