Silver Will Not Top $20 Again Homies

Ahhh...visions of a crack addict in a pawn shop.

 

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Our military is their military...(basically).

 

Actually that's incorrect, Japan does have a military called the Japanese Self-Defence Forces comprised of ground, air, and naval resources. While constitutionally prohibited from performing a first strike, as of July steps have been taken to revise the constitution to allow first strikes in face of growing concern over China's activities.
Source: The Australian Broadcasting Company (http://ab.co/VAH8Jr)

 

I think that there are sill too many who are convinced that the US economy is going to fail within the next few years, so they missed the recovery of housing, stocks, but stayed in the continuing falling of non-industrial commodities. The U.S. Jobless rate for last month September dropped to 5.9% getting closer to the 5.5% which is considered a healthy level. Really, few could imagine this 2 years ago, but there is good reason it will continue. Yes, of course there is always the small statistical chance of world or natural events causing unforeseen end of the world. But if those chances are less than the chance of economic failure, why do people still buy decreasing commodities? I have bullion, but only about 5% of other investments which have increased so I could buy some more to keep the 5%, but I suspect by this time next year ( barring the above mentioned unforeseen events) PM will be down another 5- 10+ per cent, so I will hold off. My opinion, and I expect many will disagree, and that's fine, but research and stand with the better percent case. i would not short the USD at this point.

 

This thread got almost 500 posts, eminem sure is popular

 

His colorful colloquialisms and artful repartee is what keeps us coming back. Plus he might be right at this point...

 

80 million records doesn't lie homie

 

-_-

 

Silver is bouncing off of the $16.72 that is the bottom...maybe...hopefully! We're already over $17. It may be a little early to say whether we have tested a bottom, but they said that it was around $16.70. I just bought a lot, so I feel better now. I'm not looking again today.

 

Price declines don't typically happen in a straight line downward. There are going to be bounces here and there, even if they are just dead cat bounces. Looking at silver's chart over the past 18 months, both the peaks and the valleys are consistently lower. My gut tells me that silver is not likely to fall too much further, but I'm not backing up the truck at these prices either. I think metals are going to need a catalyst to get them out of the doldrums, and I don't see anything on the horizon that is going to trigger one. I suspect that one will be able to buy silver at these prices for a while longer.

 

Because you feel the need to post something in every thread all day every day even if you know nothing of what you're talking about.

Gotta pad that post count!!

 

Sure I do...

 

Are you trying to claim your the real Marshal Mathers seriously any credibility you had is even more lost after such a stupid comment.

I mean any idiot that took your advice will not be doing well in any market. Its like the blind leading the blind.

 

Chill out homies! Silver's down. I hope it closes over $17! We'll see......

 

At least we closed over $17, but I am trying to figure out why gold closed up while silver closed down. Whassup?

 

Ebola end of the world scenario. Gold will be the only thing for the cure.

 

But, but, but, we already died in 2009 from the Swine Flu apocalypsie.

 

Save 2 gold coins for your eyes

 

Ferryman is getting kind a pricey. Gold is for the hotties on the Styx

 

But silver is the metal with the antimicrobial properties. It is the only one that truly has no counterparty risk. (of any kind). Why isn't it going up?
I imagine in a few years we'll have to get into our haz-mat suits when we go downtown and pay in silver.