Week 55.1 Trading days are gone.

Week 55.1 Trading days are gone.

The good old days were gone. Now everybody is knowledgeable about silver and knew where to source for the best price. Hundreds of silver traders flooded the market in forum, website etc.  Thus, prices is slashed until some selling at loses. The law of diminishing return is starting to prevail. We no longer can do any trading already. We have to become an investor again. Just keep in mind next time when you sell probably it may be lower than your replacement cost in order to get it sold.

Sometimes the truth can be very disappointing, let move to something else. You think so easy meh, after so much shock (good feel) for 1-2 years in silver trading. Got to start over again, this time the hunting begins but there is no sure luck for any success.

Looking back I could have done much better if I have a mentor and less hesitation.

As for the silver market, now it’s the time to hold on to your silver and go into hibernation. Once the price goes up, when people are buying, it’s time to sell. When is it, maybe in Sept – Dec 2012 according to my experience.

OK so what is the next hunt, how does the animal look like. It’s no longer a simple commodity like silver. It has to be something much more. Some form of web services lah.

Till then CU.