InvestorsHub Logo
Followers 6
Posts 2010
Boards Moderated 0
Alias Born 07/07/2002

Re: basserdan post# 406219

Saturday, 07/02/2005 9:44:39 PM

Saturday, July 02, 2005 9:44:39 PM

Post# of 704019
Well, if the "it" you're referring to is paranoia, then, no, I haven't gotten it yet. I believe in lots of small conspiracies, but very seldom believe in big ones. They're too hard to pull off.

As for the probable failure of an ETF due to lack of available bullion being "good" for the price of silver because it demonstrates scarcity... I think the author is reaching a little too far in an effort to be optimistic.

But, here, I'd rather be wrong on one or both scores. If there's a grand conspiracy, it'll eventually collapse, and the price of silver will skyrocket. If the ETF fails due to scarcity and everyone suddenly realizes that silver can't be stockpiled like gold, then the price will soar.


Hard work often pays off over time,
but laziness always pays off right now.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.