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<p>[QUOTE=&quot;jolumoga, post: 1718540, member: 41780&quot;]There&#039;s something else I want to point out, since I am somewhere in between the hyperinflationist and deflationist schools.&nbsp; I used to read the silver bug websites daily, (and still do) and I found over time, after listening to the bears on YouTube, that there is a conflict of interest in that they often hype up silver while selling it at the same time.&nbsp; Silver bug websites are loaded with information on the dangers of hyperinflation, and tend not to cover the strong deflationary forces and how the Fed is combating them.&nbsp; I&#039;m writing in general terms, as Mike Maloney has predicted strong deflation followed by hyperinflation.&nbsp; What I am observing, surprisingly, is that the silver bug websites are making no mention of the dollar&#039;s recent climb, and are putting all of the blame for silver&#039;s price drop on manipulation.</p><p><br /></p><p>So that I am not misunderstood, I believe it&#039;s entirely possible for silver to go to the moon.&nbsp; The reason why I write this is because by competitively devaluing currencies, central banks are engaging in unprecedented experimentation that <i>may</i> lead to hyperinflation at some point in the future.&nbsp; In my view, anyone who thinks it impossible for gold and silver to skyrocket within the next few years is naive and probably does not understand economics.&nbsp; We, as human beings, simply cannot predict with absolute certainty the outcome of something that has never before in economic history been tried on the scale of today.&nbsp; This is <i>not</i> to say silver will skyrocket, only that there is some probability of its occurrence.&nbsp; </p><p><br /></p><p>I believe the price of silver is manipulated, but that does not mean traders and short-term economic trends are not helping the bankers in suppressing the silver price (just to be clear, my assumption at this point is that <i><u>everything</u></i> is manipulated, because there is a strong concentration of power in the world in the hands of a few).&nbsp; If the bankers conspire to clobber the price of silver, traders will look at the charts and trade on that reality.&nbsp; With other nations besides the U.S. devaluing their currencies, many investors feel safer holding dollars given that it is the global reserve currency.&nbsp; A rising dollar will cause the silver price to drop.&nbsp; So in this environment the bankers do not have to work that hard if they want silver to go down.&nbsp; It&#039;s entirely possible that the bankers, for whatever reason, will decide to go long silver and will allow it to form a huge bubble, and will short it before they let it pop.&nbsp; </p><p><br /></p><p>Admittedly, I am less bullish than before, though I still think the commodities bull run will continue as the world&#039;s resources are used up by a growing global population and a growing global GDP.[/QUOTE]</p><p><br /></p>

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