Can I call a top here?

[TiKi]

I think silver will top out this week @ $44-$46. I will most likely be wrong but it is just an opinion anyways

[southfork]

I dont think so, maybe after a run past the 50 mark and then whom knows. Or did you mean $144-146

[Silver Sahara]

Honestly until interest rates are raised, Bernanke ends QE for good, and the overall world economy improves PM's will continue to rise. There may be stalls here and there and there may be pandemonium at some point over some news here and there that causes some thin skinned people to jump ship, but until those three things happen I don't see any PMs topping. I do think the shorts will come out to play big time (cough JPM cough) on Monday or Tuesday to cause it to drop a little but it will continue to rise by and large over the long haul. JMHO YMMV

[bemac]

We're eventually going to see a headline, "INFLATION IS HERE". It's only a matter of time.

Edit: Not yet,...
http://online.wsj.com/article/BT-CO-...17-702319.html

BS from media whore Murdoch.

If Americans join the Chinese and Indians, the question will be, how much gold and silver will Americans buy?

[Silver Sahara]

Bemac, how do you think PMs would be affected when inflation is admitted? It would seem that PMs would lose short term by people pouring into stocks to have their dollars inflate with the market but it would seem that metals would inflate as well in long term inflation. I admittedly don't know enough about this. What are the thoughts from the people in the know of how inflation will affect PMs?

[Spike]

I think silver will top out this week @ $44-$46. I will most likely be wrong but it is just an opinion anyways

50/50 chance..what a weak post...put it up..make a statement..

The way you've put it...you can't lose.

[Gcubed]

50/50 chance..what a weak post...put it up..make a statement..

The way you've put it...you can't lose.

I believe that taking out an all time historical high ($50 maso/meno) will be one HELL of a battle. How long did it take to slay that $887.50 Angel? I could be wrong. I did make a major silver to gold move last Friday. My money IS where my mouth is.

[Spike]

I believe that taking out an all time historical high ($50 maso/meno) will be one HELL of a battle. How long did it take to slay that $887.50 Angel? I could be wrong. I did make a major silver to gold move last Friday. My money IS where my mouth is.

Well...what da hell is going on here..you didn't tell me..but I have been think"n that way

[Gcubed]

Well...what da hell is going on here..you didn't tell me..but I have been think"n that way

I'll call ya manana. Gotta hit da rack now.

[bemac]

Bemac, how do you think PMs would be affected when inflation is admitted? It would seem that PMs would lose short term by people pouring into stocks to have their dollars inflate with the market but it would seem that metals would inflate as well in long term inflation. I admittedly don't know enough about this. What are the thoughts from the people in the know of how inflation will affect PMs?

More fear of inflation, new buyers of gold and silver, fewer sellers, price go up.

[silverbusa]

I don't care which "flation" they come up with........I'm totally addicted to the shiny metals.

[Silverarcher]

I think the "inflation is here" headline was just outed today. I heard on the radio tonight that the manager of the largest US Treasury fund just liquidated his ENTIRE portfolio of US Treasuries and moved it into a basket of international treasury bonds. The radio host was saying "looks like inflation is here folks, the manager of the worlds largest us treasury bond fund now believes that Russia, brazil and china are more likely to pay back their debt than the United States is at this point"

[dacrunch]

i reluctantly sold some silver today... that usually means the price will rise...

[Gold Rush]

[QUOTE]..the manager of the worlds largest us treasury bond fund now believes that Russia, brazil and china are more likely to pay back their debt than the United States is at this point" .......The IMF came out the end of last week and said the...The United States has no strategic plan to pay off or how to pay off it's debt..which could lead to problems in economys around the world! So I agree with ya Silverarcher..Inflation is here..and it is being outed, it's the fact of getting people to except the fact and listen..while the one's that don't want it known are yelling...nothing to see here folks..move along...

[GOLDZILLA]

[prophet]

reversal time! gODL AT $1496 AND SILVERS AT $43.32!!!!!

[TiKi]

I said A top not THE top


Dacrunch I tried PMing you but your box is full. Wanted if you could give a mini coin show report?

[GOLDZILLA]

http://www.lewrockwell.com/orig11/browne-j2.1.1.html

[cpthnsolo]

Your call of some sort of a top certainly seems plausible given the bombshell of a downgrade by the S&P today. This is a big week for the stock market as it's essentially the start of earnings season (although just a handful of companies reported last week). Make no mistake folks if the market reacts negatively to earnings this week silver will get hammered. Everyone likes to say "this time is different" but people were saying that in 2008 as silver was marching to multi-year highs. Then the market took another leg down and silver went back to $10 the following year. While I doubt we'll see $10 again I think it's foolish and short sighted to think silver can't have a major contraction in the short term. Like it or not there silver is still an industrial metal and therefore will plunge if the stock market tanks.

Now five or ten years from now I have little doubt that we'll out look back at $43/oz and yearn wish we had bought more .

[RoyalBeluga]

I think Gold will break $1500 today, just a feeling I get from time to time. Wind? Probably, who knows

[TiKi]

Well there we go over $44 today.
The Bernank shall be the catalyst. On the 26-27th.
Only 2 ways this thing could go next week.
Up or Down.
If the markets dive they'll probably pull silver with them.
And the DAMN miners too. They need to decouple permanently already geez.

[HistoryStudent]

Minor healthy correction is always in the cards...

nothing grows straight up

however I call the total top around $170 to $500


when the small corrections end and we get a NEW currency....

You'll need something to TRADE into that by the way the green stuff now

will be worth less to worthless...

hope you PREPARED paper will burn so try to get physical....

[TiKi]

Well looks like I was wrong.
Upwards and Onward.
Just be careful TPTB are gearing up for something wicked.

[HistoryStudent]

Hung Fat has got JPM on his CHOPPER!


http://www.goldseek.com/tools/print.php


There always should be a correction by all rights - however since 1871 TPTB have been screwing over SILVER
and SILVER is really damn mad.

Payback is hell -the Obama misery index just beat out Carter's and we haven't even started.


Wait till gasoline is $6 to $10 bucks they'll be all kinds of empty freeways....

[anywoundedduck]

1. You are not allowed to call a top any more.

2. TPTB have been screwing with silver for over 100 years, and now Pandora is out of the Box. It would be like trying to stop an avalanche, even though it started out with a snowball many times,,, only to peter out. But this time, it took. Just how tightly coiled is that spring? Pretty damn tight. What can TPTB do? Stop the wave, or ride the wave?

3. I promise not to use so many damn analogies again, all mixed up.

[southfork]

i reluctantly sold some silver today... that usually means the price will rise...

Thank you, please keep selling.

[VTEEZER]

Oops!