The 300 Club

http://www.financialsense.com

Silver: Crisis or Opportunity?

Is the recent plunge in silver the beginning of a bear market or a major buying opportunity? Crisis- the coming recession will drive silver much lower 13% Crisis- the Federal Reserve wants lower metals prices 6% Neither- this is a typical pull-back for silver; short and violent 11% Opportunity- in the medium to long term, this is a gift 34% Opportunity- QE3 is coming, as is default in Europe 36%

70% view this as an opportunity? Not the kind of numbers you see at bottoms.

FWIW, I voted for pull-back, so I'm in the 11% but you don't get to see the results til after you vote and that 70% does make me nervous. Might have changed my vote if I'd seen it first. Ah, whatever.... it's only silver....LOL.

ebear