Recent silver ideas
My portfolio is down about 10% this month, mostly due to my PM holdings. Gold and silver tends to be seasonally bad around this time of year so I am not sure why I didn't scale out of my positions, but whatever. I dont care about being down short term, but a few things worry me long term
1) The stock market and more importantly corporate earnings are rising- people are rightfully less fearful so there is less reason for silver and gold vs equities
2) Obama wants to cut spending- less gov spending = less money printing = bad for PM's
3) COMEX keeps tightening margin requirements, which probably = less leveraged longs, but I could be wrong on this.
Are these 3 factors going to destroy the silver and gold momentum?