Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
billionaire Eric Sprott – Expect $200 Silver
>
Reply to Thread
Message:
<p>[QUOTE="jjack, post: 1642089, member: 33596"]You need to understand what contributed to PMs prices going up last decade:</p><p><br /></p><p>- Increasing production costs (Oil, Labor).</p><p>- Increased consumption in emerging markets (demand for gold has thripled in india & China.</p><p>- Push by investors to find alternatives forms of investment as equities went sideways and fears of money supply etc..</p><p><br /></p><p>Now what we have is Stock market is rallying and you have funds selling off their PMs to jump into rally (perhaps they are late who knows), demand in emerging markets for Gold & Silver is drying up and Europe is in brink of recession and couple that Oil prices holding their ground. It is no surprise i have been saying for last year or so PMs will go sideways. All the calls for 300 silver makes little sense and is simply people trying to make $$ at the expense of others'.[/QUOTE]</p><p><br /></p>
[QUOTE="jjack, post: 1642089, member: 33596"]You need to understand what contributed to PMs prices going up last decade: - Increasing production costs (Oil, Labor). - Increased consumption in emerging markets (demand for gold has thripled in india & China. - Push by investors to find alternatives forms of investment as equities went sideways and fears of money supply etc.. Now what we have is Stock market is rallying and you have funds selling off their PMs to jump into rally (perhaps they are late who knows), demand in emerging markets for Gold & Silver is drying up and Europe is in brink of recession and couple that Oil prices holding their ground. It is no surprise i have been saying for last year or so PMs will go sideways. All the calls for 300 silver makes little sense and is simply people trying to make $$ at the expense of others'.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
billionaire Eric Sprott – Expect $200 Silver
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...