If I was a Swiss citizen, I'd be livid. A strong currency gives them a higher standard of living. A weak currency does nothing to help them....
Gold futures are margined, and if the regulators can force gold longs to sell contracts, it impacts the price of gold due to the arbitrage...
I like silver. There are very few things you can buy for less money than it took 32 years ago. And I also think it will continue to move higher...
I've worked with Ivy League grads. I had a Harvard grad work for me. They are good employees but not necessarily better than state college...
I would think that the probability is high that the margin requirements will be raised again, and perhaps multiple times to try to kill the gold...
You may want to consider that there are actually fewer ounces of investment grade silver than gold above ground. So while there are more ounces...
http://finance.yahoo.com/q/ta?s=GLD&t=1y&l=on&z=l&q=l&p=&a=&c=slv Silver has outperformed gold except for the past year. It got a little ahead...
That's probably the key difference. When I was in college, just about everyone [who graduated] worked hard and was pretty stressed out about...
I'm going to go out on a limb and say you have no idea how much silver is in his backyard. If it was, he probably would buy some teeth!
The key words are "at some point." I don't think the bullion products in the hands of collectors and investors will go into the melting pot at...
If after 40 years of doing business in silver he is uneducated and without teeth, it's tough to see how his program has been successful.
I would take the opposite position -- that something should be proved safe before it is allowed. ;)
It is your right to disagree, but you also completely misunderstood what I wrote. So I'll take responsibility for not writing clear enough, but...
The point is that the "scrap" in the hands of individuals and families can only be melted once. A lot was used up 30 years ago and it is doubtful...
This isn't surprising since a huge amount of gold and silver scrap was melted in 1979-80.
Not being a scientist or a mystic, I can't say whether or not the peak oil theory will prove true in the short run. If Saudi Arabia announces...
Maybe it's a matter of location. In New Jersey $15K wasn't anywhere near "really good money" and modest existing houses were probably around...
Going from memory, minimum wage in 1970 was probably around $1.70/hour, and that is about what I was making washing dishes while going to school....
I've always paid a lot of attention to price level in investing and would go so far as to say it has been the key factor in all of my investing....
I first read about Peak Oil in a National Geographic article in the late 90s and came to the exact opposite conclusion. I did a lot more research...
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