Please Scroll Down to See Forums Below You are quick to ride a coat-tail aren't you? Let me break it down for you yea the market crashed and so did silver and the dollar went up. NO SHIT, When stocks go down, firms sell of equities PM's any and everything to cover there losses and money pours into the dollar, riddle me this macrogenius how many more dollars have been printed and are floating around vs 2008? Do you see where this is going or do you need someone else to respond so you can agree with them???
Silver about to pass $40/oz!
- Thread starter the.gladiator1987
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You are quick to ride a coat-tail aren't you? Let me break it down for you yea the market crashed and so did silver and the dollar went up. NO SHIT, When stocks go down, firms sell of equities PM's any and everything to cover there losses and money pours into the dollar, riddle me this macrogenius how many more dollars have been printed and are floating around vs 2008? Do you see where this is going or do you need someone else to respond so you can agree with them???
the US dollar has the most float of any currency.. this is old news. i can go to ANY country in the world and use US dollars. yet if i walk into a store here in the US and try to use a euro or pound they won't accept it. ever wonder why? cause our currency is rock solid and stable. its like comparing a VISA card to a Amscot card. for you to say that our currency is somehow weak and fragile is complete nonsense. also EVERY currency trader uses the dollar to hedge.. they don't use the Yen, they don't use the Euro.. they use the DOLLAR. what does that tell you?
secondly all your gloom and doom talk is kinda contradicting when you say "market crashes then firms pour money into the dollar" so wouldn't that mean since you think the US economy is gonna fail again that you should be buying the dollar ahead of that?
this is why people on here flame you.. its cause you talk of armegaddon to justify your financial opinion on one post.. then the next post you say firms pour money into the US dollar when there is doom. so which is it?
when i listen to rush or beck on the radio they say the same crap and suckers fall for the scam and buy gold at inflated levels. its the biggest scam since Tulipmania. i'm not saying gold won't keep going up or if it will drop.. I'm just saying its a scam selling gold at 20% premiums to people who fall for fear tactics. and i'm sure you agree with that too.
The next crash and the last will be nothing alike, hence QE and the trazillion billion we are in debt now vs then,the dollar is getting weaker, obviously we disagree there, Tulipmania lol, yea lets see you plant and grow some gold or silver then we can compare. As for 20% premiums, well theres a sucker born everyday....
Obviously youve done some solid research using those technical terms.
And lol @ not getting the repeated point that nobody gives a shit what silver did today or yesterday. We all think youre a mongoloid because of your reasoning behind hoarding silver.
Lets break it down this way:
People on this board who are college graduates with good jobs who have experience starting businesses and investing successfully believe your reasoning to be flawed.
Conversely, glad supports you.
Not to be a snob, but I'm going with the odds here...
Im crushed, some members of elitefitness think my reasoning is flawed, lol at your huge spin, thread titled "Silver about to pass $40" turns into "who cares about silver your reasoning is flawed" wtf ever douchebag
calveless wonder
New member
Lol
o what a good one u guys r hilarious, silver is at $43 dollars. Ive had a better return on my money the past 2 months than ANYWHERE else I could have put my money into. Here is a good read I bet no one will look at lol
Why Silver Is Still The Best Revenge Across the Street
Why Silver Is Still The Best Revenge Across the Street
Im crushed, some members of elitefitness think my reasoning is flawed, lol at your huge spin, thread titled "Silver about to pass $40" turns into "who cares about silver your reasoning is flawed" wtf ever douchebag
The funny thing is that this is still a low price for silver, its NOT a bubble lol. This is a unique event that is going on, and usually this is a bubble in the stock market. But this isnt a bubble
We prob will see a correction soon, but it will only be temporary. Cant wait to see when silver gets in the triple digits
calveless wonder
New member
That isn't an article, it's some dude's blog.
part of the reason you need to go back to school is to learn about things like validity of sources you cite.
It's a poorly written blog, at that.
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