Silver about to pass $40/oz!

[lartinos]

wait he actually sells apricot seeds?

You have a lot of reading up to do.

 

[calveless wonder]

You have a lot of reading up to do.

brb, i'll make a blog about it

 

[75th]

brb, i'll make a blog about it

Which means every word must be taken as gospel.

 

[samoth]

OK, I didn't read a single bit of this thread, but I need you silver bugs help.
I've been reading about silver for the past 2 hours because going from 26 to 41 this fast is ridiculous. Even if you love silver long term you have to agree we are in some sort of mini bubble here.
My question is, how far and how high do you think this mini bubble can go before it pops a bit? I am going to buy either July or October puts but I know it's impossible to pick the top... what do you think about how far this run will go?

Are there any fundamental or technical indicators by which you chose July or October, or do you just think it's due for a pullback?

I'm not involved with the PM markets so I can't vouch for them, but why silver instead of, e.g., oil?

 

[Wulfgar]

this is why commodities are surging

YouTube - Inflation Explained

IMHO Gold and silver will right themselves when Inflation reaches 4% and the party is over since most of this speculative nonsense is built on the Bernank's zero percent interest rate policy. And since Gold and silver are money they will right themselves at the end of this disillusionment but before it happens we will see some awesome chaos in the markets.

What a horrendous job the Fed has done with this entire situation. ultimately the middle class gets screwed in a hyperinflationary situation because first the poor get screwed, and in their enraged efforts to get revenge and advocate tax policy that goes after "the rich" they only succeed in screwing the middle, who don't have a lot saved and who don't have the resources to dodge taxes like their wealthy counterparts do. In other words, unless you are on the bleeding edge of the QE-inspired wealth parabola, you're going to get eaten, either because you're poor and you're getting crushed by inflation, or because you're middle-class and the poor will eat you because you're the only thing they can reach.

I really think that Ben will mistime the rise in benchmark interest rates and when he does commodoties will PLUNGE like a goddamn rock. This of course will lead to massive deflation at which point the fed will have no choice but to throw the kitchen sink at it( cause thats all it knows how to do) which will ultimately lead to our own Weimar End...

Hate to be a Bear but its just the path we have let ourselves be set upon by letting irresponsible greedy bankers run our country

 

[jokerswild]

this is why commodities are surging

YouTube - Inflation Explained

IMHO Gold and silver will right themselves when Inflation reaches 4% and the party is over since most of this speculative nonsense is built on the Bernank's zero percent interest rate policy. And since Gold and silver are money they will right themselves at the end of this disillusionment but before it happens we will see some awesome chaos in the markets.

What a horrendous job the Fed has done with this entire situation. ultimately the middle class gets screwed in a hyperinflationary situation because first the poor get screwed, and in their enraged efforts to get revenge and advocate tax policy that goes after "the rich" they only succeed in screwing the middle, who don't have a lot saved and who don't have the resources to dodge taxes like their wealthy counterparts do. In other words, unless you are on the bleeding edge of the QE-inspired wealth parabola, you're going to get eaten, either because you're poor and you're getting crushed by inflation, or because you're middle-class and the poor will eat you because you're the only thing they can reach.

I really think that Ben will mistime the rise in benchmark interest rates and when he does commodoties will PLUNGE like a goddamn rock. This of course will lead to massive deflation at which point the fed will have no choice but to throw the kitchen sink at it( cause thats all it knows how to do) which will ultimately lead to our own Weimar End...

Hate to be a Bear but its just the path we have let ourselves be set upon by letting irresponsible greedy bankers run our country

No, not a chance this will ever happen,QE has been good for the economy, everything is looking great, Obama and Bernake got this shit man,just listen to the shills on wall street everything is peachy, just like in 08, hell we didnt even have a recession that was all media hype, silver is a waste,its like buying tulips I hear, its not near the investment the guys on here have suggested, oh wait they haven't

 

[stevesmi]

^^^inflation is at 2%.. but dont let the actual facts cloud your thinking

FACTS suck i know

and it appears that obama and bernanke have done a solid job.

it was greenspan (and his ultra low FFR, followed by him waiting forever to ease) and bush (who encouraged everyoen to buy a house with 0 down) who screwed up.

until the housing market starts rebounding and inflation reaches 4-5%, that will be when the fed will start to tighten.

and for the last time INFLATION, DEFLATION, THE DOLLAR.. ETC. DO NOT DICTATE COMMODITY PRICES. i feel like i am talking to a wall

 

[stevesmi]

well.. S&P revised the outlook on the US. dow is down 200 as i write.

oh and silver is down huge and US dollar is UP huge.

according to the fearmongers silver should be up and dollar down right? right? i think i have been proven right and joker wrong on the way markets function. today was a perfect example of that.

 

[the.gladiator1987]

Hahahahahaha look at this

BRICS-move-dollar-aside-marketwatch: Personal Finance News from Yahoo! Finance

 

[the.gladiator1987]

Hahahahahaha look at this

BRICS-move-dollar-aside-marketwatch: Personal Finance News from Yahoo! Finance