Replies to post #241603 on Zeev's Turnips Patch-No Politics (ZEEV)

[Stock in Truth]

I am loving the selloff in silver. The long term fundimentals of the physical metal remain unchanged, and I hope the price of both silver and the stocks goes down more so I can buy them up dirt cheap.

Anyone who can't see how a one week fall from $8 to $6 isn't manipulation is beyond me. Sick how the paper markets control the prices, but at least in the case of silver, supply shortages will be a reality sooner rather then later.

[basserdan]

New lows on the PM's and POG. Not looking good. Has your longterm outlook changed any? I'm still holding what's left of my holdings (since I didn't cut back by selling some, the market cut them for me, value wise). I'm holding the bag at the moment
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Hi D,
Though not liking the recent price action at all, my LT bullish views of the gold market remain unchanged.

It seems that much of the inordinate strength of the USD is a result of the unwinding of numerous bearish dollar/bond spreads and because of the perceived popularity amongst traders playing the "Greenspan put", it may have a bit further to go before running out of steam.

I'm sure you know what to do if that bag starts getting too heavy for you to hold.....

Good luck.