Silver - The Retaking of Twenty

[FunnyMoney]

At a certain point $20 becomes a floor. The magic trick of fiat money is to create it and spend it. Why would you not want to have and spend more money? Those who create money always win in such a game. The cycle of ups and down never hurt those in charge of the money. They print it, they spend it.


18 dollars was taken out in no time at all. At a certain point $20 will too.

Sooner or later?




Looks like sooner to me....

[Canadian-guerilla]

if i remember right,
SILVER hit $21 ( for maybe an hour ) maybe 2 years ago


no SILVER rockets until we hit $21 . . . . . . again

[lhslancers3270]

Around $19.50 sometime fairly soon. Under 10 is an outside possibility this summer.

[Irons]

if i remember right,
SILVER hit $21 ( for maybe an hour ) maybe 2 years ago


no SILVER rockets until we hit $21 . . . . . . again

I saved that one, and yep it wasn't there long!

[Lt Dan]

Hard to say. People are moving mass amounts of money out of other currencies and into the dollar, also away from stocks as the dollar index increases. When people wake up to the fact that nothing is supporting the dollar many more will move to metals. What happens next is going to be interesting. We can't look at history on this one, all new territory ahead. Watch oil prices!

[anywoundedduck]

Hard to say. People are moving mass amounts of money out of other currencies and into the dollar, also away from stocks as the dollar index increases. When people wake up to the fact that nothing is supporting the dollar many more will move to metals. What happens next is going to be interesting. We can't look at history on this one, all new territory ahead. Watch oil prices!

I have to agree with Lt. Dan. People are dumping fiat. Metals is the only place to go. On top of that, The Justice Department is putting pressure on JPMorgan to clean up their Silver Short. Too many people are blowing the whistle, including a half dozen Senators. This will cause the Banksters to change course and go long precious metals. When it happens, it will come suddenly and without warning. Don't play games trying to scalp a couple of bucks here and there, when the train is about to leave the station at Warp speed. WARP SPEED. Do not kid yourself. You will not have a chance to jump on board. There will be $100 up and down days. Hang on for dear life. You are not going to believe how high silver and gold will go. Your very survival depends on you hanging on. Do not try to time it, or you will lose.

[andial]

Over twenty next week. Enough said.

[Irons]

Who the heck cares, $20 isn't even a tank of gas in any currency. We may as well be talking beanie babies or precious moments figurines here.

[RoyalBeluga]

Who the heck cares, $20 isn't even a tank of gas in any currency. We may as well be talking beanie babies or precious moments figurines here.

How much does silver need to be for you to change your mind about it?

[Irons]

How much does silver need to be for you to change your mind about it?

$20 is as good as it gets, I just don't bother with it until it gets back to around $10 and then dump it as soon as it go's up. Use silver to get Gold.

[RoyalBeluga]

$20 is as good as it gets, I just don't bother with it until it gets back to around $10 and then dump it as soon as it go's up. Use silver to get Gold.

Irons that didn't answer my question, how much does it need to be before you would change your tune about silver? $50? $100?

[Strawboss]

I think silver is going to go to around $23ish, and if wave 5 extends, it might do upper $20's on a spike. That will complete wave 1 of MAJOR THREE. Wave 2 of MAJOR THREE will take silver back down to around $19.50ish, perhaps a $1 or so lower on a spike. Then wave 3 of MAJOR THREE begins - the granddaddy of them all. I think that begins this fall.

I have been pondering how high that leg is going to go.

[Irons]

Irons that didn't answer my question, how much does it need to be before you would change your tune about silver? $50? $100?

RB, I use silver to get valuable metals, I don't bull**** myself into thinking it's ever going to be more than what it is. It can do it's $9 to $18 rotation three times a year for all I care.

[andial]

RB, I use silver to get valuable metals, I don't bull**** myself into thinking it's ever going to be more than what it is. It can do it's $9 to $18 rotation three times a year for all I care.

_____

Ouch.

[RoyalBeluga]

RB, I use silver to get valuable metals, I don't bull**** myself into thinking it's ever going to be more than what it is. It can do it's $9 to $18 rotation three times a year for all I care.

Ouch indeed, did you know Iron is silver coloured?

[Irons]

Ouch indeed, did you know Iron is silver coloured?

Until it rusts, my good man.
Let me see if I can show you where my name comes from, many map sites don't let you copy them. BRB

[RoyalBeluga]

Until it rusts, my good man.

What will you do if silver goes to $50 and higher, lets say $100's ? What will you USE to get gold?

[Irons]

What will you do if silver goes to $50 and higher, lets say $100's ? What will you USE to get gold?

.I ain't to worried about that RB, You will see these outside your window before you ever see $50 silver



Yep, I predict squadrons of flying pigs before $50 silver.

[Irons]

Until it rusts, my good man.
Let me see if I can show you where my name comes from, many map sites don't let you copy them. BRB

Here you go my British Friend! You want to see woods come visit!

[andial]

Irons, I find your comments on Silver hurtful and mean spirited.

[Irons]

Irons, I find your comments on Silver hurtful and mean spirited.

I'm just trying to be helpful! If you are going to swim in the shallow end you better have some thick skin!

I sum up buying and holding silver, expecting it to be something it is not ever going to be, to be just like this:



Damn, she has nice legs!

[pimples]

silver and gold are performing about the same. pull the performance chart out to 1999 and you'll see that they are running about the same. some years silver outperforms and some years gold outperforms. it looks like silver may now outperform for a spell

http://stockcharts.com/charts/perfor...?$gold,$silver

[Curtman]

Silver will be $340 an once.

[SilverCity]

If the Justice Dept investigation pressures JPMorgan to dump their shorts and go even on their silver contracts...silver could probably double from here.

[lhslancers3270]

Silver will be $340 an once.

And what will Gold be?

[Curtman]

And what will Gold be?

Silver will find it's comfort zone in a range of 28 to 30/1

Gold will be at 10000 at that level. That iis real. And easily doable.

[andial]

Silver will be $340 an once.

Dam! I'm just looking for 80 bucks an ounce with maybe a parabolic spike to 160 bucks. You are more bullish than me.

[Curtman]

Dam! I'm just looking for 80 bucks an ounce with maybe a parabolic spike to 160 bucks. You are more bullish than me.

Max Kaiser thinks 20K gold is probable. Listen to this one. http://ia331209.us.archive.org/2/ite...80610-full.mp3

[crazychicken]

Silver will find it's comfort zone in a range of 28 to 30/1

Gold will be at 10000 at that level. That iis real. And easily doable.

I think you are right on.

Good wishes to us all.

Crazychicken

[Curtman]

Hey stranger.

[crazychicken]

Hey stranger.

Hey.

When you coming through?

CC

[AMforPM]

I see price explosions in both gold and silver but when is a mystery to me. Strawboss makes sense.

So much money will be running for cover, and it has started, that there simply isn't anywhere near enough of gold or silver at anything near these prices. So as more money runs for cover, the upward pressure must intensify.

How long the show can be dragged out I have no clue. This feels like a big rally. But I am well aware that the mafia has lots of cards up their sleeves. They just, as the kaiser clip explains, stopped a trust busting legislative action via open financial terrorism. They are so into their pugnacious attitude that they are willing to rub the public's collective nose in it. Personally, I think history generally reveals that such extreme arrogance leads to prison cells. When is still a question.

Gold has gotten the recognition as currency much sooner than silver, but as pimples says, my experience has been that poor bad mouthed silver has done about as well as gold so far.

IMO long term silver will outperform gold due to scarcity, the exact condition that has made it easy to rig, but won't for much longer.

Sinclair speaks of the physical market overwhelming the paper market in gold. Consider how little silver there is to cover all that has been 'sold'. Consider how small a percentage of the trillioms of cash has to buy silver bullion to overwhelm that paper market. It has looked to me as if the uber rich have been told to keep their mitts off physical silver because of that problem, but that won't stop the large numbers of ordinary Asians. And they could buy all the physical for sale in a day if they get just a little more worried about paper. They have the savings, and though they prefer gold, if gold is sold out, or if they are not in gold's price league, I think many will buy silver.

Then consider Germany. Kaiser says the shelves are bare of gold. Won't some of those disappointed gold shoppers buy silver? Kaiser reminds us that lots of living Germans have experienced currency collapses and are frantic to convert paper to tangibles. In the Weimar times they bought anything real, even things as weird as bedpans. Silver will move off the shelves ahead of bedpans.

I look at threads here where guys went in to US coin shops to buy gold and picked up some silver. There is so little that it does not take that many of them doing that to clean out the silver too. Additionally J6P is barely beginning to edge up to PM. By the time he arrives in even, oh 5% of the guys out there, gold will be gone and that will finish off silver on the shelf.

Now it will go both ways. If some still have mom's silver table settings and have to pay the house note, we will get selling from that portion of the public. But I don't see that covering the ocean of fiat looking for metal to buy.

So I only wish I had more silver. Because the turbulence may get fierce, I switched my buying pattern to life support as in food, clean water, etc. But though the date is a guessing game for me, I feel confident that silver will zoom and the moon is its destination.

[lhslancers3270]

I don't know how anyone can say there is a Silver shortage when dealers pay under spot for it. Gold demands a premium when you sell it not Silver. I don't get it.

[Irons]

I see price explosions in both gold and silver but when is a mystery to me. Strawboss makes sense.

So much money will be running for cover, and it has started, that there simply isn't anywhere near enough of gold or silver at anything near these prices. So as more money runs for cover, the upward pressure must intensify.

How long the show can be dragged out I have no clue. This feels like a big rally. But I am well aware that the mafia has lots of cards up their sleeves. They just, as the kaiser clip explains, stopped a trust busting legislative action via open financial terrorism. They are so into their pugnacious attitude that they are willing to rub the public's collective nose in it. Personally, I think history generally reveals that such extreme arrogance leads to prison cells. When is still a question.

Gold has gotten the recognition as currency much sooner than silver, but as pimples says, my experience has been that poor bad mouthed silver has done about as well as gold so far.

IMO long term silver will outperform gold due to scarcity, the exact condition that has made it easy to rig, but won't for much longer.

Sinclair speaks of the physical market overwhelming the paper market in gold. Consider how little silver there is to cover all that has been 'sold'. Consider how small a percentage of the trillioms of cash has to buy silver bullion to overwhelm that paper market. It has looked to me as if the uber rich have been told to keep their mitts off physical silver because of that problem, but that won't stop the large numbers of ordinary Asians. And they could buy all the physical for sale in a day if they get just a little more worried about paper. They have the savings, and though they prefer gold, if gold is sold out, or if they are not in gold's price league, I think many will buy silver.

Then consider Germany. Kaiser says the shelves are bare of gold. Won't some of those disappointed gold shoppers buy silver? Kaiser reminds us that lots of living Germans have experienced currency collapses and are frantic to convert paper to tangibles. In the Weimar times they bought anything real, even things as weird as bedpans. Silver will move off the shelves ahead of bedpans.

I look at threads here where guys went in to US coin shops to buy gold and picked up some silver. There is so little that it does not take that many of them doing that to clean out the silver too. Additionally J6P is barely beginning to edge up to PM. By the time he arrives in even, oh 5% of the guys out there, gold will be gone and that will finish off silver on the shelf.

Now it will go both ways. If some still have mom's silver table settings and have to pay the house note, we will get selling from that portion of the public. But I don't see that covering the ocean of fiat looking for metal to buy.

So I only wish I had more silver. Because the turbulence may get fierce, I switched my buying pattern to life support as in food, clean water, etc. But though the date is a guessing game for me, I feel confident that silver will zoom and the moon is its destination.

Very well put!

I just pick on silver so all my pals here can give me daily I told you so!! beatings when I'm proven wrong! I'm here to help!!

[Strawboss]

I knew it!

Very well put!

I just pick on silver so all my pals here can give me daily I told you so!! beatings when I'm proven wrong! I'm here to help!!

[ccjoe]

Silver will be $340 an once.

When and why?

[SilverBullie]

At my dealers there's been more way more gold then silver available.

[dirt to oil]

Hard to say. People are moving mass amounts of money out of other currencies and into the dollar, also away from stocks as the dollar index increases. When people wake up to the fact that nothing is supporting the dollar many more will move to metals. What happens next is going to be interesting. We can't look at history on this one, all new territory ahead. Watch oil prices!

I question weather most people will wake up at all and start buying PMs .there was a video of a guy trying to sell a gold 1oz maple for $50 it went on for about 10 min with about 20 different people and they all refused, it was actually kind of funny , tragic but funny

[RoyalBeluga]

I question weather most people will wake up at all and start buying PMs .there was a video of a guy trying to sell a gold 1oz maple for $50 it went on for about 10 min with about 20 different people and they all refused, it was actually kind of funny , tragic but funny

I watched that and to be honest with you .... it kinda looked staged

[yunowu]

bought another 400 ounces today...go silver

[lhslancers3270]

At my dealers there's been more way more gold then silver available.

I don't know where you shop but one of my local thieves I mean dealers could get as much Silver as you could drive away in a truck with. He said it might take a couple of days to get 50 American Gold Eagles. If Silver is so rare why do dealers pay under spot for it and pay over spot for Gold? Hmm.

[Gcubed]

I don't know where you shop but one of my local thieves I mean dealers could get as much Silver as you could drive away in a truck with. He said it might take a couple of days to get 50 American Gold Eagles. If Silver is so rare why do dealers pay under spot for it and pay over spot for Gold? Hmm.

Thieves is such a harsh word!

[lhslancers3270]

Thieves is such a harsh word!

Present company excluded of course. How's about 11500 versus 13000 for $1000 face and 80 over versus 50 over for AGE? He was doing a favor paying 11500 mind you. He didn't want/nor need it.

[Irons]

I don't know where you shop but one of my local thieves I mean dealers could get as much Silver as you could drive away in a truck with. He said it might take a couple of days to get 50 American Gold Eagles. If Silver is so rare why do dealers pay under spot for it and pay over spot for Gold? Hmm.

I stopped by my coin guy's again today and no gold, 50-60oz silver eagles and generic. He said gold makes a whooshing sound as it flies through.
Then he asked me again if I would sell him any.
Like I could afford anything like that!

[Gcubed]

Present company excluded of course. How's about 11500 versus 13000 for $1000 face and 80 over versus 50 over for AGE? He was doing a favor paying 11500 mind you. He didn't want/nor need it.

It's gonna get even crazier "on the street"

[Argent Dragon]

Great timing for this thread, check this out guys !

[CQC McDuck]

I always liked silver.


Now hurry up and break $20.79 you dog!

[Irons]

I always liked silver.


Now hurry up and break $20.79 you dog!

....................

[GoldWampum]

Anything short of a new high is failure. 20 don't mean squat. gold has made a new high. It's telling us where it wants to go, but just not telling us when. Silver tells us the opposite of shinola until it makes a new high. Failure would likely mean we are watching the ratio separate.

[Irons]

Anything short of a new high is failure. 20 don't mean squat. gold has made a new high. It's telling us where it wants to go, but just not telling us when. Silver tells us the opposite of shinola until it makes a new high. Failure would likely mean we are watching the ratio separate.

If the ratio gets into the 50's again goodbye to the rest of my silver. That is if anyone will trade it this time.