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Re: Frank Pembleton post# 14551

Monday, 10/24/2005 8:19:38 PM

Monday, October 24, 2005 8:19:38 PM

Post# of 19037
WallStreet proverb: buy 'em when nobody wants 'em. Although ...
this from the Mogambo Guru
if you want another reason to sell your own grandmother to get money to buy silver, and lots of it, then listen to what David Bond, associate editor at Free Market News, says. China, he says, has admitted that they have literally run out of silver, and now they need to buy it! A country so big that it has almost five times as many people as ours needs to buy silver, because we, a country that has five times fewer people in it, have used all the silver to get to where we are! I mean, the potential demand for silver staggers the imagination!

More fun at http://www.investorshub.com/boards/post_reply.asp?message_id=8224869
scroll down (a large chung) or find THE SUA TOOK MY SILVER AWAY


Btw, my SSRI:PAAS indicator
http://stockcharts.com/def/servlet/SC.web?c=SSRI:PAAS,uu[w,a]dallyyay[pb50!b200][vc60][iLr14!Ld20]&a....

Say that SSRI is more a perpetual call on silver, while PAAS is a more conservative (better priced?) equity: SSRI shoul be more volatile then PAAS.
The actual ratio is not that important. SSRI was priced the highest in april 2004, while the highest ratio on the chart is August while in the rebound from a pullback.
What I want to show is the trend in the averages of the ratio.
Up, or down?
Both rising 50 and 200 DMA seem to tell: up.
= SSRI attracts speculators again. Expecting silver to go up.
Or is this too far fetched?

Think I found the ref of Mogambo Guru on
http://www.kitco.com/ind/Bond/oct192005.html
China Silver Conference
By David Bond Printer Friendly Version
October 19, 2005

Not quite,
but a longer piece of the Mogambo Guru on silverminers
http://www.silverminers.com/publications/showpub.aspx?id=1593

(it seems the daily reckogning is a reader's digest of the article)


lvlamb a k a
Louis V. Lambrecht


Whenever you find that you are on the side of the majority, it is time to reform. (Mark Twain)





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