Long Position on Silver and Gold?

[MrPrena]

I not sure I believe that the demand in crude is down. I know crude is used for countless different industries, but just looking at gasoline, Americans drove more miles last year than any other year in history, by a long shot. Yeah, I know fuel efficiency is better, but it's not that much better.

I just don't believe supply and demand has all that much to do with commodity pricing.

Take copper for example. It's way down too. But supply has been down and demand is up. Doesn't compute.

Gasoline price is still up even though crude is way down. Supposedly all because a refinery or two is down for maintenance. I call BS. They are meeting demand just fine even with a couple refineries being down.

Commodity pricing is all a game and I'm not sure anyone can accurately predict future movement.

Yup. S&D does have part, but there are lots of other factors to drive the price up and down.

I didn't make tons because I didn't have tons to put into it.

I think we will probably see the dip of S again. (and rise again later)
Marcelo's old trade in program, and selling that to refurb company is a great idea, but it will take a while to see significant $ and maybe new subscriber #.
We shall see.