RC, how are you? Many thanks for your words. I as well, enjoy reading your contributions as well. I learn as well from you and others. That's how this all works in the end... one another helping one another complete strangers through an electronic forum exchanging information.
The silver market was grossly manipulated when recession was being lead out by it's nose. It went beserk actually, there is a difference between open spot markets being driven by normal buy and sell. It's another when it's inflated artificially by a select few who created the recession to start with.
In my humble opinion this fiasco before the recession started was created by our own idiot government who deregulated the mortgage industry which created the meltdown. Wall street got the opportunity to profit on both the retail selling of mortgages and then later before it collapsed the practice packaging of mortgages by the billions and dumping them off to just anyone in the market to acquire them. Including foreign entities and governments which didn't help them either. It did help create the recession along with 2 foreign wars which all combined put the citizens and free markets under such stress that debt it itself is a profitable business.
The silver and gold markets would have never shot that high had it not been for the idiots in our elected government who run the control panel and pull the marionette strings. There are a lot of people who are going to get hurt financially that invested into over inflated silver and gold prices that there is no way they can walk away from.
I want people to know, that what's been done was created by our own government and to step back and understand this market is in for a major correction. Gold is next and international shorters are circling it as we speak big money is going to bring this down just like they created it.
Historically metals lead out of recessions I have always known that that's why I always invested into it. But, I knew that WAY back in 00'-01' non-doc loans were taking off along with over valued real estate prices, it kept going and going until it popped. It started as a trickle in value appreciation the early years and by 03' more and by 05' it was complete insanity.
Since the dollar is pegged I knew it was screwed many years earlier making 100's of billions of dollars of loans that they were going to BK on. That's why gold and silver went so dramatically higher artificially this time around after a recession normally they don't rise that high, no way actually.
In the end, I believe the ridiculous rise of gold will create other issues as to when it starts to fall and fall it will. Do not listen to the propaganda regarding that it's going to continue to rise and so forth. They created the stampede across the world into gold and silver It overly stimulated the metals markets, just like the crazy 99' IPO stock market crash, and of course the manipulated banking no doc frenzy which created the biggest fall of real estate values in recorded history in the US, along with jobs besides the Depression. Don't forget the massive swoon the current stock market is going to crash and burn mark my words they haven't seen anything yet. The ones that profited are the sharks that drive in private limousines from their mansions from Long Island into their high rise offices on the Street. TARP money to bail them out, even after they made it both ways. Our system is corrupt. Get out in front of the idiots on wall street, beat them at their own games.
Watch your investments in stocks and what has serious over exposure to in key markets including metals that are overpriced. That's why I started shorting silver back in Jan 2012 I saw it coming so did the Street, afterall they created it along with the government. Look at the price of silver spot market since Jan 2012 now look at it today, I bet right when not many people knew it or saw it coming. I sold off most of my my silver stock, kept only the ones I'm in deep on for under .10 that haven't matured as a company yet and developed their assets before the Street finds them yet. When they do, market being made I'll give it to them alright for way more than I bought. I dumped a portion of my silver bullion I had acquired back in the day and kept the majority.
I'm telling you the truth. The stock market is susceptible to it's own computer algorithym hyper trading. That isn't humans making rational decisions, they are powerful computers running quantams. Humans make decisions, computers linked together execute. It isn't old school rational no more, it's high tech and with high tech rational decisions are left out the back of the barn door. Artificially stimulated low rates created by bond purchases created another mess, another stock market artifically created price increase as to what's never been done before to these heights.
Mark these words, golds going down along with the stock market in a way I think the government will not be able to control. The government created this crap, but governments do not make markets they are in unknown territory never before done. They think easing interest rates eventually will prevent a rapid decline and will soften the landing. They have no idea to be honest and I think they honestly know it. The markets no one knows how they will react once govt stops buying bonds propping up US Markets and to extent the worlds.
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