< $15 Silver: Is this something worth waiting on?

Thanks. I am taking off for the summer, so I bought about 30 shares of SIVR at around $15.72, so I have done it now, and whatever happens I'm off. We'll see what happens next fall. I have a feeling it might start to climb back out of the hole silver's been in lately.

 

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Well, maybe, but we really haven't seen a true capitulation yet. The markets never stop amazing me. Just when you think they cannot go any lower, they do. I am really thinking the floor is around 12.50, but with that said, if it hits those levels, it might not stay there too long.

 

If you have one foot in a coffin, I would not look to make a profit any time soon. After Obama is out, the economy will alter, but the US is a world leader in so many areas, including petroleum production!, technology, pharmaceuticals, satellite communications, military technologies, farm and food production, and we are sitting on lots of coal and petro gas. We still have some good resources. In comparison to the rest of the world we look the the Babylon of Revelation, rich wealthy and a world leader. I would venture to say that for the next 10 years we will surge economically speaking. Hence, silver will stay somewhat flat. If we suffer some catastrophe, or major war, then it (silver) will surge. It has potential to level off at about $25 - $27 for the next decade. That is my opinion.

 

$25-$27 would be okay by me, considering prices lately. I really don't think we have lots of oil, coal and even natural gas. We used up the Anthracite and are working on the lower grade coal, have pumped most of the non-frackable oil and natural gas, and are really scraping the bottom of the barrel right now.

 

I just love reading all these perky predictions for the U.S--you go status quo.

However, I'm a big believer in art and culture as leading indicators of where a nation is headed. So, when Fifty Shades of Grey becomes top dog in the U.S (and now a movie) I conclude the John Wayne nation of WWll has become the nation of "mongo like candy."

And we'll rule the world with that...eh?

 

LOL. Fifty Shades is positively tame compared to a lot of what was getting attention in the 1960s or 1970s. And during the 1940s, if you'll look it up, the top three box-office winners were actually Bambi, Pinocchio, and Song of the South -- but if you ask ten people what movie exemplifies the period, I'll bet at least six or seven of them will name Casablanca, a far cry from the cowboy hero tales you choose to remember.

And today, Fifty Shades isn't much more than a blip when compared to, say, Hunger Games or any of the superhero franchises. Not intellectual tour-de-forces, to be sure, but I don't see them as any more "candy-like" than the formulaic westerns of the period you admire.

 

Lol. "Song of the South". Reminds me of what the average stacker cares about actually doing research beyond a Porter Stansberry ad: Zip-a-dee-doo-dah!

 

/cue music


He rode a blazing saddle,
He wore a shining star.....

 

There is not a single fact in your post. It is all wind and opinion as is my post. So dump your condescending teacher knows best tone.

 

His name was John Keynes
and he was the man from Mars.

 

I don't know about the decay of the moral fibre of the American people, but I am watching silver to see if it will close up or down today....

 

Really. You wonder why you get in hot water on here and then make a ridiculous blanket statement like this. Wow...just wow.

 

...and you top it off with this.

I've got bad news for you, the only person that reads this that thinks there is any humor in this nonsense are the other stock pimpers and trolling idiots.

Grow up...seriously

 

Yeah, the stock pimpers, they're the people leading investors astray, sure they are. 'Splain this:



No smoke, no mirrors, no flash in the pan. Five years, the most recent five years.

 

I'll cop to falling into condescension every once in a while, but I honestly wasn't going for that tone this time. Apologies if I botched it.

As for facts or not:

All-Time Box-Office Films By Decade and Year

Asking 10 people what movie best exemplifies the 1940s -- you're right, I don't have survey results. I could be wrong.

Fifty Shades box-office performance -- it's a bit early yet, of course, but I don't see it showing up on any big lists; they're all quite full of heroes and superheroes (see link above).

More to the point (which I'm sure I left around here somewhere), panic over moral decay has been going on for much longer than I've been alive. I have no great respect or love for popular culture's obsession with prurience, violence, and fashion, but I deal with it by putting my attention elsewhere, and guiding my family to do the same. I see plenty of others doing the same. The people shouting ugliness often have the loudest voices, but they're far from representative, even today.

 

Sorry, I'm not going to engage until you lose the know it best and sarcasm.

 

Well agreed, it is ridiculous, and it is a blanket statement, so no not everyone falls under that category, however, it it really quite noticeable that the stacker community as a whole, is less interested in hard facts and more interested in "metal" faith. I can provide a lot of examples if you like. IMO, there is less likelyhood of successful decisions with this mindset.

 

@mikem2000

Don't you guys see the irony of quoting facts that are often government/fed/corporate statistics, to people who don't trust paper? Did it ever occur to you guys that some of us don't trust the entities that compile your facts?

Roll eyes at ceiling on my mark.

Mark.

You can do the tin foil hat rendition too if it makes you feel better but it won't change anything, at least not with me. IMO, corruption in this country is very real, at every level public and private and out of control.

But there is a fictionl gubmint employee I trust: the cigarette smoking man from the X-Files:

 

At your very kind invitation:

The cat is clearly onto something. Look at that face!

 

The cat is wondering why they don't send subliminal signals throught the monitor.