Silver about to pass $40/oz!

[jokerswild]

here's an easy read, make sure you read the paragraph titled "Risks"

Quantitative easing - Wikipedia, the free encyclopedia

 

[75th]

This is a long term investment. But you are right I absolutely want to get into ETF's as shorter term investing. But right now the way I see it is that when you have the physical silver then you have nothing to worry about, except someone maybe stealing it but I will get a safe. I wont be so open about having silver to people around me either, ppl are shady as fuk.

lmaooooooooooooooooooooooo


A few people seriously need to enroll in an Econ 101 course up in this bitch.

 

[jokerswild]

lmaooooooooooooooooooooooo


A few people seriously need to enroll in an Econ 101 course up in this bitch.

Hmm, educate me on silver and its price outlook and your price forecast for PM's in general. Also if you don't mind explain to me how JP Morgan plans on covering their naked short contracts and while you are at it your theory on why China is the biggest net importer of silver now, thoughts on the dollar index also???...........oh heres a link to a 10 year chart on silver, and yes that is a 10 fold upward movement

http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx

 

[lartinos]

Hmm, educate me on silver and its price outlook and your price forecast for PM's in general. Also if you don't mind explain to me how JP Morgan plans on covering their naked short contracts and while you are at it your theory on why China is the biggest net importer of silver now, thoughts on the dollar index also???...........

You are the one who has reading to do my friend

 

[jokerswild]

You are the one who has reading to do my friend

Not according to the charts and my silver stack, hmmm bought at $17, trading at around $40 now with massive inflation and the next round of QE on the way, I'll leave the reading to you guys, im having fun just looking at the pictures........

 

[75th]

lol @ posting a 10 year historical chart as if it's anywhere indicative of future results.

 

[75th]

I'll leave the reading to you guys, im having fun just looking at the pictures........

That makes perfect sense.

 

[jokerswild]

lol @ posting a 10 year historical chart as if it's anywhere indicative of future results.

nice try at spinning,maybe you can understand something a little more simple like supply and demand, nevermind that would prob go over your head too.............

 

[75th]

Youre right....it's not like I do this for a living or anything.

Keep looking at pictures of what something has already done and make your investment decisions off of that.

 

[jokerswild]

Youre right....it's not like I do this for a living or anything.

Keep looking at pictures of what something has already done and make your investment decisions off of that.

Your anti-silver I get it, no big deal, my investments are based more on reality and reaserach than some shill on Fast Money or advise from some 20's something geek in a suit with a degree from some diploma mill. Precious metals both gold and silver have performed well in the past, and yes the past is no indicator of future performance however, inflation, rising oil and energy costs and the huge supply demand from china does impact price. We are living in the greatest silver shortage in history, silvers demand on both the industrial side and investment side have never been higher, that is a fact you can't argue.