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<p>[QUOTE="LEG END, post: 1023386, member: 26139"]<b>Silver ASE Purchases are indeed telling us something.</b></p><p><br /></p><p>In the history of man, not just US history, there has never been a purchase profile like 2010 US purchases of the silver ASE. It is hard to perceive so many purchases being made without people being told they would face legal consequence if they failed to purchase. Having not happened, we must then turn to irrational hoard buying. However, people spending these sums, collectively, are probably not given over to hysteria. So, what does that leave? </p><p>Rational, considered purchases based on a hunch that the dollar stands to be devalued at present printing levels. The US senses the market panic, and the Fed is buying up old treasuries at these cellar prices. Wise, but also telling. They know these purchases of silver are an inditement of our oversold M1, so they want to belatedly address it. Unfortunately, the die may be cast. One thing I assume for sure. I am with the hoard, and I don't wanna be one of the Reichstagg fire sale folks with a wheelbarrel full of paper trying to buy a loaf of bread. How much was a loaf of bread during the German hyperinflation? A million Marks. </p><p><br /></p><p><br /></p><p><br /></p><p>Leaves me breathless considering the US devaluing our dollar, but hey, the Chinese have so much of our paper, how else to <u><i><b>game the approaching historical financial tipping point. </b></i></u>And what a precipice it is gonna be. People buying silver ASE's all say so.[/QUOTE]</p><p><br /></p>
[QUOTE="LEG END, post: 1023386, member: 26139"][b]Silver ASE Purchases are indeed telling us something.[/b] In the history of man, not just US history, there has never been a purchase profile like 2010 US purchases of the silver ASE. It is hard to perceive so many purchases being made without people being told they would face legal consequence if they failed to purchase. Having not happened, we must then turn to irrational hoard buying. However, people spending these sums, collectively, are probably not given over to hysteria. So, what does that leave? Rational, considered purchases based on a hunch that the dollar stands to be devalued at present printing levels. The US senses the market panic, and the Fed is buying up old treasuries at these cellar prices. Wise, but also telling. They know these purchases of silver are an inditement of our oversold M1, so they want to belatedly address it. Unfortunately, the die may be cast. One thing I assume for sure. I am with the hoard, and I don't wanna be one of the Reichstagg fire sale folks with a wheelbarrel full of paper trying to buy a loaf of bread. How much was a loaf of bread during the German hyperinflation? A million Marks. Leaves me breathless considering the US devaluing our dollar, but hey, the Chinese have so much of our paper, how else to [U][I][B]game the approaching historical financial tipping point. [/B][/I][/U]And what a precipice it is gonna be. People buying silver ASE's all say so.[/QUOTE]
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