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<p>[QUOTE=&quot;Juan Blanco, post: 1608419, member: 41665&quot;]I consider cloudsweeper99&#039;s off-topic garbage reply unworthy of&nbsp; response. (His red-herrings, misquotes, straw-men etc. = &quot;garbage.&quot;) </p><p>He replies (all too often) simply to be digressive &amp; contentious, also. Gold&nbsp; is not equities, EOS. Jesse Livermore has been used to frame any number&nbsp; of opinions - he&#039;s been misquoted/misused but countless wannabe gurus&nbsp; and frauds forever, so I&#039;m never surprised to see that again. Livermore also died broken by the mkt - suicide as a &quot;failure&quot; - but for annuities he wisely&nbsp; squirreled away in 1917. Insert advertisement for bullion-backed&nbsp; insurance product here: <a href="http://www.jesse-livermore.com/losing-money.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.jesse-livermore.com/losing-money.html" rel="nofollow">http://www.jesse-livermore.com/losing-money.html</a>&nbsp; </p><p><br /></p><p>And so bullion is <i>but the insurance policy against rotten paper</i>, not to be traded nor flipped... but <i>held dearly</i> against the Paper-Bug Lies.&nbsp; </p><p><br /></p><p><b>Retail buyers of bullion </b>shouldn&#039;t imagine they can quick trade(flip) it successfully, either.&nbsp; Imagining otherwise is pure folly.&nbsp; There will be no Jesse Livermore Winners in Gold, people. (Suicide traders: maybe.)</p><p><br /></p><p>Little&nbsp; eBayers aren&#039;t professional commodity traders either (and won&#039;t be) -&nbsp; the markets are different, eBay has never been illiquid and it&#039;s&nbsp; egregiously lying to assert <i>Paper Silver</i>/COMEX is the same dog. </p><p><br /></p><p>Back to the 1987 Silver Plunge - where the POS <i>is </i>a broader gauge - it remains useful to note &amp; compare SIGNS of an Investor Death Spike.&nbsp; </p><p><br /></p><p><u>Unsustainable Rise</u></p><p>1a) The first red-flag (1987) was the ~60% rise in one month. Annualized, this rate of return would be 28,048%. </p><p>1b) In 2011, POS rose significantly. At ~22.12% per month February-April the annualized return would = 1,011%.&nbsp; </p><p><br /></p><p><u>Against Gold</u></p><p>2a) 1987: POS rose 3x faster than POG.</p><p>2b) 2011: POS rose 2.3x faster than POG.</p><p><u><br /></u></p><p><u>Market</u>: <a href="http://www.telegraph.co.uk/finance/commodities/8515001/What-caused-the-silver-price-spike-and-crash.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.telegraph.co.uk/finance/commodities/8515001/What-caused-the-silver-price-spike-and-crash.html" rel="nofollow">http://www.telegraph.co.uk/finance/commodities/8515001/What-caused-the-silver-price-spike-and-crash.html</a></p><p>3a) 1987: locked limit up (red flag, to evacuate) followed by locked limit down -- Cornered Mkt? --</p><p>3b) 2011: COMEX margin hikes (4) ; rumors of Chinese deflation -- &quot;Cornered Mkt&quot; JPM manipulation? --</p><p><br /></p><p><u>Institutional&gt;Retail Interest:</u></p><p>4a) -- Reported --</p><p>4b) -- Possible, unknown -- (TBE)</p><p><br /></p><p><u>Rationale for PMs/ Fearful Economic Outlook:</u></p><p>5a) 1987: &quot;faltering stock market, falling dollar and rising inflation&quot; </p><p>5b) 2011: less favor to equities, fears of a falling dollar and rising inflation</p><p><br /></p><p><u>Market Peak:</u> (for 3-, 6-, 12+ Years)</p><p>6a) 1987: Short-, Medium- &amp; Long Term, YES.</p><p>6b) 2011: Short term <i>unlikely</i> YES; Medium Term UNCERTAIN; Long Term, probably NO.[/QUOTE]</p><p><br /></p>

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