Bad Day To Quit Sniffing Glue
It's also a bad day to be traveling, which I am. So I will be out and unavailable all day. I would heartily suggest you stop by the chatroom or "pailin's trading corner" in the forums if you're looking for ongoing discussion.
I can offer you a couple of pieces of advice here:
1) Gold and silver are still your only protection against the madness and chaos.
2) Remember, trading the PMs takes courage. To do it successfully, you have to curb your greed and your fear. The only consistently successful strategy is to sell some when everyone is buying and buy some when everyone is selling.
3) When buying physical, try doing it on a regular and scheduled basis. Sort of like the dollar-cost averaging your stockbroker used to talk about. That way, instead of always buying at the highs, you'll also catch a few lows.
The charts below are only a few minutes old but they are already obsolete. Crazy volatility will do that to you. Be patient. Don't make emotional decisions today. Let this all play out. Ask yourself: "Is QE over? If so, where will all the funding for the massive government deficits come from?"
Hang in there. More this evening. TF