Silver on its way to $80 an ounce

Discussion in 'Bullion Investing' started by mrbrklyn, Oct 4, 2012.

  1. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I don't think the thread is a failure. It was necessary to get this cleared up.
     
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  3. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Yes. I think we all agree that silver will never hit $80/oz. because vamps will be civil in their food gathering activities and the world's silver supply is inexhaustible.
     
  4. mrbrklyn

    mrbrklyn New Member

    That is probably true. Itg is not in their best interest for them to cause a panic when feeding.
     
  5. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    It is absolutely true. It is documented in all the latest fiction that they want to live peacefully (and lovingly) among us non-vamps.
     
  6. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I guess that's what the cattle mutilations are all about.
     
  7. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Quite right, and the only reason we know about those is because the Cattle Lobby is 2nd only to the NRA which supports the 2nd heavily.

    Perhaps the ranchers are starting to hoard silver for a big feud with vamps.
     
  8. desertgem

    desertgem Senior Errer Collecktor Supporter

    Ok, sorta back to reality, this is a new release that is a very interesting read and inexpensive for a "science" book. Like others, I have enjoyed the zombie banter, but with the professional view such were in the realm of cold fusion, but now both are being resurrected ( excuse the pun), and in this book ( cold fusion is in another article).

    Review by Craig Venter:
    “Church and Regis in Regenesis have written a wonderful synopsis of the emerging field of synthetic biology and the implications from renewable plastics to ‘raising the dead.’ This is a must-read for anyone interested in the future.”

    http://www.amazon.com/Regenesis-Syn...UTF8&qid=1350058006&sr=8-1&keywords=regenesis
     
  9. mrbrklyn

    mrbrklyn New Member

    buckeyballs are easier to understand.

    You can not intellectualize everything, especially when there is a silver shortage and far too many hungry vampires unregulated by the VOC (Vampire Oversite Commision) of the SEC.
     
  10. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Question regarding silver demand: Will the new technologies in travel and communication require more silver?
     
  11. justafarmer

    justafarmer Senior Member

    When a group of blood suckers are charged with oversight of other blood suckers the outcome is never good.
     
  12. desertgem

    desertgem Senior Errer Collecktor Supporter

    There is no silver shortage, there is a buyer shortage. If there was a silver shortage, the price would be $80 an ounce already. There is no silver shortage, just people unwilling to buy and buy a lot ( 100 oz per day will not push the market), IMO.
     
  13. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    These guys sound like they are related to the transhumanism movement that is somewhat popular in academia. Google that and read or view some of the speeches by those folks and you won't sleep nearly as well as after watching a zombie movie. The whole area of genetics has incredible potential for human improvement, and human extinction. It depends on which direction it takes.
     
  14. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Of course, silver rose from $5 to where it is today because there were more buyers bidding up the price at each price level along the way. I still think higher prices are ahead because the institutions and hedge funds haven't gotten into buying physical silver yet. A move by even one large institutional investor to place 5% of their funds into silver will drive the market up to the $80 price target in this thread. But institutions move in herds so it takes a long time to get them all thinking alike, but when it happens, my expectation is that the price will rise fast enough for most of us to miss the move unless we already own silver.
     
  15. mrbrklyn

    mrbrklyn New Member

    Good - more silver to protect me and mine.
     
  16. InfleXion

    InfleXion Wealth Preserver

    I don't think there's a silver shortage. There is just a trend that will lead to a silver shortage in the near future until that trend is no longer intact either due to higher prices, more supply, or less demand. Thankfully as humans we have the ability for deductive reasoning and can pre-empt this for our benefit.

    I'm thinking the silver miners will probably take off before the price of silver does. Mines will be a haven from the vampires, and should become prime real estate.
     
  17. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    But what happens when supply is subtracted from demand and coupled with the yearly production as a function of demand?
     
  18. InfleXion

    InfleXion Wealth Preserver

    I'm not quite sure what you mean by yearly production as a function of demand. I don't think production has anything to do with demand. Prices, sure, but right now demand doesn't drive prices even though it should. If your goal was to befuddle me, well done. :)
     
  19. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    :devil::devil::devil::devil::devil::devil::devil::devil::devil:
     
  20. mrbrklyn

    mrbrklyn New Member

    i refuse to be dragged into this again..
     
  21. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Silver should be used as money. :devil::dead-horse::yes::p
     
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