NEW YORK ( TheStreet) -- On Tuesday night, some failed hedge fund manager suggested he wouldn't get any global-macro information from TheStreet. Well, I can tell you he has been hit over the head too many times with a hockey stick. Here it goes:We want to know if silver is a "buy" after the killing sparked by the futures exchange's decision to raise margin requirements. Why would the exchange do that unless it was concerned about rampant speculation? Take a step back and understand what silver is: the punter's choice. Face it, you buy silver because it is cheap! I keep a few silver coins around the office to help in the decision-making process, but I don't fret when my toddler wants to play with them. (No, she is not part of the trade decisions!) Because of its "more flash for less cash" appeal, silver tends to go parabolic at the end of cycles.
'I Wouldn't Be Caught Dead With Silver Traders'
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