it looks like silver is going to open down today

October 1st, the monthly QE3 injection will kick in ($40B) and silver will be back in the saddle.

It always cracks me up...when silver is rising, no one thinks it can fall. When silver is falling, no one thinks it will ever rise again. :too-funny:

 

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Really? I say neither of them is qualified for such a lofty position as the leader of the free world.

 

I worry as much about the people they surround themselves with as the candidates themselves. In this cycle, I do believe that one of them is far more capable of the job than the other.

 

The only one worthy of being a president is Gary Johnson, or Ron Paul but unfortunately he dropped out. (should of ran as a 3rd party)

Obviously the people who control things only let their stooges win (Romney or Obama) I'll guarantee they couldn't care less between em.

It's fun to dream though that someday things will finally change for the better.

 

Go very carefully on the politics, enough has been said.

jim

 

Back on topic there is still lot of buying activity in ebay when it comes to PM issues' (in fact IMO i find it cheaper to strike deals with dealer/sellers than bargain hunt in the bay) so take it for what its worth but it could be indication that people are betting on PMs going up heading into the holidays'.

 

i find it ammusing most people don't buy in the dips but wait for it to go back up some before they do.

 

A Viable Candidate?

I suspect that many on this site feel they know who SHOULD win this nations premier position, but are distraught that their choice isn't available. I believe it's apparent that intelligence, position experience, or honesty are not requisition for that position, or many others.

Maybe we can elect Thomas Jefferson, Benjamin Franklin, etc. in absentia, or someone who can't continue the current insanity being perpetuated on the American TAXPAYER.

I'll probably flip a coin before entering the booth, using my Edited "Dollar", which I feel represents greater value than the "party" choices. Just my two cents worth for this coin forum.

Do you have a representative coin to flip?

I said no politics. That includes by innuendo.

 

Dollar index strengthening, sure. It's 60% based on the Euro. That has little to do with purchasing power of metals though, which are based more on monetary supply than the dollar index. However, since sentiment trumps all of the above I can see why the dollar index might have a psychological impact.

 

That is still 6 weeks away. I did not clarify that I meant more short term, as in we had Jackson Hole, German court decisions on the ESM, and QE3 all in rapid succession. But you are of course correct in your context. I have little doubt there will still be other non-planned impactual events before then.

 

Inflexion, I can not understand how one can say that the purchasing power of metals is separate or isolated from the USD. If an ounce of silver can be purchased by a determined amount of USD ( Spot, lets say) and if you were to sell an ounce of silver you would receive a determined amount of USD ( Spot again), how does the metal have any different "Purchasing power"??. I truly do not see how one can say that. They dance up and down , hand in hand.

Jim