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Replies to #223 on Silver Stackers

Long-vestor

07/17/14 12:53 AM

#224 RE: hotrod34racer #223

Silver, gold, precious metals are indicators of the world economy. When things are smooth they go down and stabilize. Obviously when things are not they go nuts.

The last time I sold psychical silver was when the butler Bro's tried to corner the market, what was that 1978-9? . Collector wise, it was a seriously bad mistake but, as far as silver or any commodity,, it was very good. Like I said could-a should-a dumped at 50 bucks!. and now the chart is looking at a dead cat bounce, and potentially 15 bucks in sight..

You can gather all the silver ya wants, but when you take the profits, lets somebody else polish it, and buy it back with almost double the weight well, it shines even brighter. aint that the plan,, buy low sell high. It makes for the greatest amount of weight you can carry.

lady glueck

07/17/14 2:08 AM

#225 RE: hotrod34racer #223

good evening everyone. actually for the last days when future contracts worth billions of $ silver was solid around 20.80, couldn't get smashed lower. I expect a rise above $21 on friday. chartwise I see the golden cross coming :-) and ninch doldrums
for silver!
ahja, this is interesring as big money like carl ican now concerns leaving stockmarket (reduces his stackes there) and going back to the real stuff, back in to gold and silver because:
DALLAS FED PRESIDENT FISHER SAYS 'MARKETS ARE OVERSHOOTING'
FISHER CONCERNED FED MAY 'BE STAYING TOO LOOSE TOO LONG'
FISHER: I DON'T THINK YOU SHOULD 'POP' A BUBBLE, BUT SHOULD LET SOME SPECULATIVE STEAM OUT OF MARKETS
His plan for this "letting out of steam" is to start shrinking the Fed balance sheet in October and raising rates early in 2015. Of course, what does the Fed know about bubbles? We are sure the spin will come soon that this is bullish as 'froth' will be removed and then the secular bull can go on (aside from the total and utter lack of liquidity in markets, small doors and large crowds do not make for good endings).

Finally, when Fisher says don't pop the bubble, that suggests there is no bubble, yes?