Email of the day (1)
Comment of the Day

April 07 2011

Commentary by David Fuller

Email of the day (1)

On returning as a long-term subscriber, plus silver:
"I am a long-time subscriber to Fullermoney.com, but every time the price goes up (usually annually as I recall) - I think I should dispense with your services as part of my annual belt-tightening exercise. The folly of my decision usually shows up the day after cancellation - so it's time to own up and stop this nonsense for good. There's no better value anywhere as far as I'm concerned, given the wealth of information you can access;

"In my absence I've missed out on information on precious metals which is my particular interest at the moment and I'd be grateful if you could comment on the following:

"I also subscribe to a PM service in America and yesterday they sent out an alert to the effect that when silver hits the big round number of $40.00 ( their "target" price) it is likely to reverse and sustain a 10 to 15% drawdown. Gold should not be affected as it is not overbought, except insofar as the gold/silver ratio will temporarily change accordingly. Would you care to comment on this?"

David Fuller's view Thank you for your kind words and continued support.

I discussed silver in some detail two days ago (Tuesday) in my most recent precious metals review and nothing has occurred to alter that view which includes the psychological importance of $40.


For the record, a Search for silver, using the link shown in the menu upper-left, fourth item down, produced 922 entries, so Fullermoney has monitored every step of this splendid journey, including personal trades.

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