08-26-2011, 08:42 AM
Slamz Wrote:Incidentally, I wish I'd been following gold more than silver. It seems like gold is pretty stable whereas silver is crazy. On the other hand, I think you could make a lot of money day trading silver if you were able to read it right -- I'm sure some people are doing this. 20% swings have been just about typical lately.
Honestly I think this is part of the problem today as it applies to the ETF market, not only in things like silver but any stock or commodity play. AS people are buying and selling the ETF with aggressiveness, such as day trading, they in fact drive the market of the underlying commodities and stocks into a frenzy.
I wonder what the volatility would be if it were not for ETF's....
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi