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S&P 500
5,509.01
(
0.62%
)
US TECH 100
19,483.60
(
0.02%
)
Dow Jones
39,331.85
(
0.41%
)
Brent Oil
86.40
(
-0.06%
)
Bitcoin
60,691.28
(
-2.15%
)
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Toofuzzy

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Toofuzzy

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Re: White Cobra post# 19023

Friday, 12/07/2012 1:09:16 AM

Friday, December 07, 2012 1:09:16 AM

Post# of 22255
Oil is the underlying cost of everything and because of the business slowdown and improvements in drilling the world has plenty of oil at a price that is at least not increasing. So mining costs are not going up. There is also less consumer demand due to reduced income. Solar is probably the big new demand driver in silver.

While the amount of money has gone up, the velocity has gone down drastically. Until that increases the perceived money supply is down and demand for all things is down.

Toofuzzy

Take the road less traveled. It will make all the difference.

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