Silver on its way to $80 an ounce

Special?

 

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Any .44 is pretty special.

There is something special about owning and firing a .44.

 

Tiiiiiiiiiiiiiiiiiiiimber! Glad I started selling some last week! :yes:

 

Time will tell. It looks like a normal bull market correction to me [so far].

 

Where does your magic eight ball say it will end up? short term that is?

short interest is up!

 

Hasn't anyone seen Trading Places? We are heading into Christmas season (which seems to be coming earlier each year). People are starting to sell so they can buy their kids the latest and greatest toys.

 

I have no 8-ball, particularly short term. But if you look at a 2 or 5 year chart, the gold price appears to be forming a base formation known as a cup and handle. Of course the formation may fail, and of course if you don't believe in technical analysis, you will ignore this message. That said, I don't think gold will fall below about $1625 and if it breaks above $1800 and stays there for at least a few days, the next major move is likely to be up. Now, if you were a die-hard dedicated technical analysis trader, you would probably wait for the confirmation that gold has moved above $1800 and then buy with a stop-loss around $1700.

I'm not a trader but I look at the technicals and have used them in the past when I had more time to follow it. So be advised when you read the above that I am not following this advice. I've been in gold for 8 years and I'll stay in as long as I think the bull market is intact. So reader beware.

 

Now that silver has caught up, will it ride along with gold? How about platinum that doubled gold for years, but now lags?

 

[video=youtube;XG6SCDUiFZs]http://www.youtube.com/watch?v=XG6SCDUiFZs&feature=related[/video]

 

I will leave the answer to the person it was posed to, but silver has not caught up by any means. Not until the GSR is 10:1 or less.

 

By my rough calculations, gold has seen a 7X-8X increase from approximately 13-14 years ago and silver 8X (11X a year ago) over the same period.

 

The only way anyone reading this will ever see the GSR at 10:1 is if the vampire problem becomes far worse than projected.

 

That is the rumor.

 

Sure, if you think 13-14 years ago we had honest and fair markets. I prefer to go back before we gave up our sovereignty to the banks. Notwithstanding that, if simple supply and demand forces took over silver would be 10 times MORE expensive than gold.

 

What approximate percentage of free market forces do you think are, and have been, in effect regarding gold and silver prices?

 

There are more vampires being stocked in blood banks around the world.

 

Vamps stocking vamps for the ultimate silver purchasing push?

 

Vampires lobby congress and infiltrate all levels of government and the society in order to protect there interests before the coming end of everything

 

That is actually more logical than almost all of the other conspiracy theories on this board

 

they actually run the government:

from: http://blogs.ajc.com/news-to-me/2011/10/27/prince-charles-says-hes-related-to-original-vampire/
The Associated Press reports Prince Charles says he’s related to another famous prince — Vlad the Impaler, progenitor of vampire legend.

Prince Charles spends a considerable amount of time and money touring the planet promoting various green causes, and by saying he’s related to the hero of Transylvania, he can say he has a vested interest in preserving the forests of Romania.

A local pub had a picture of the prince, who has a home in the region, on the wall. He’d allegedly stayed at the hotel upstairs — the same building that Vlad called his boyhood home in the 1400s, according to local lore.

http://en.wikipedia.org/wiki/Vlad_the_Impaler

Vlad III Țepeș became famous as a tyrant taking sadistic pleasure in torturing and killing.[SUP][2[/SUP]