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<p>[QUOTE="jolumoga, post: 1635653, member: 41780"]I think silver can go to the moon because of the excess liquidity sloshing through the global financial system that will be looking greedily for the next bubble. Each year, the central banks are printing trillions of dollars to support unsustainable debts. So long as they continue printing money, they are dousing the markets with rocket fuel, and a few things are bound to really take off as a result. On the other hand, nothing is guaranteed, and the markets are influenced by psychology, so silver may just move up in accordance with inflation. </p><p><br /></p><p>If nations wrote down their debts and deflated the money supply, I'd agree with the bears of the mainstream. I do think by taking the middle ground you are on the right track, tho. I just think a moonshot is <i>much</i> more likely than us seeing $15 per ounce any time soon.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1635653, member: 41780"]I think silver can go to the moon because of the excess liquidity sloshing through the global financial system that will be looking greedily for the next bubble. Each year, the central banks are printing trillions of dollars to support unsustainable debts. So long as they continue printing money, they are dousing the markets with rocket fuel, and a few things are bound to really take off as a result. On the other hand, nothing is guaranteed, and the markets are influenced by psychology, so silver may just move up in accordance with inflation. If nations wrote down their debts and deflated the money supply, I'd agree with the bears of the mainstream. I do think by taking the middle ground you are on the right track, tho. I just think a moonshot is [I]much[/I] more likely than us seeing $15 per ounce any time soon.[/QUOTE]
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