A Fall to Remember

Ok, these are big drops in the values of commodities. Especially Silver.

Actually, I’m liking it.

No, I am not short Silver, or short Oil, or short Gold.

As far as commodities go, I don’t trade in them, I invest in them.

And as Silver falls big time, I am buying shares of Silver mining companies. Small amounts, nothing big. One needs to tread carefully. Because one doesn’t know when prices will stabilize.

Prices were way too high earlier to go ahead with these purchases. But, as Silver falls, one starts getting a margin of safety in Silver mining companies. I feel this has just started happening. Which is not to say that Silver won’t fall more.

Which is when I’ll buy more.

This is long-term investing. Here, the ideology is the complete opposite of trading.

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