I just can't imagine how silver could get hurt much over the near and medium term when you consider this....
even if the congress passes this bill which is very likely and almost 100% probability, the economy is going to suffer. This fact alone will require serious "stimulus" actions and liquidity injections to shore it up.
We all know what stimulus and liquidity injections means now...printing or borrowing more money which is dilutive to the dollar which is inflationary which is good for silver.
There's enough fear in this market that a flight to silver/gold will endure for quite a long time just as part of a balanced and prudent portfolio if nothing else.
Now assuming the bill is passed, we first don't know if it'll work, if it's enough to do the trick, etc. But what we do know is that it will be dilutive at least to some extent and at least in the near to medium term before any of these so called "assets" that the govt is buying recover enough to actually dispose of for break even or a profit.
Now whether physical silver and paper silver act the same in this market is a question in my mind. Will the manipulation continue in the SLV etf and the COMEX?
And will this manipulation drag physical silver prices along with them?
Or will they trade independently and differently from each other?
Or will they both trade honestly in response to the current market forces for the first time in recent memory?
McBUSHIE'S choice of Palin was irresponsible, dangerous and insulting to America's intelligence. That choice and his continuing smears/lies prove he'll do anything to win this election even to the point of endangering his own country.DEFEAT HIM!
