Message:

<p>[QUOTE=&quot;JCB1983, post: 1488394, member: 23885&quot;]The more that I study bullion speculation, the more that it becomes evident that Central Banks are the real heavy hitters.&nbsp; They are the ones influencing PM Prices.&nbsp; They bought thousands of tons of gold last year and are pretty much sitting on it.</p><p><br /></p><p>Silver on the other hand is a different story.&nbsp; The game is going on and they are an active participant.&nbsp; Central Banks are clearly buying on the dips and then getting out early.&nbsp; For instance Silver is currently around 27 per oz.&nbsp; I predict that prices will get no lower than 25 before central banks make a major purchase.&nbsp; When they make a major purchase they have enough influence that they effect supply.&nbsp; Supply goes down and silver prices spike.&nbsp; So prices begin to rise until they reach the point where the influence runs out.&nbsp; This is when they dump.&nbsp; They will not wait for silver prices to get 60+ because they won&#039;t get there.&nbsp; </p><p>As soon as central banks sell they flood the market, thus bringing prices down.&nbsp; So it is a repeating cycle that is happening over and over.&nbsp;&nbsp; Fluctuation between prices of 20-s - 30&#039;s.</p><p><br /></p><p>So time and time again Central Banks are making Billions of dollars per transaction.&nbsp; Why would they stop?</p><p><br /></p><p>In my opinion the key is to follow their patterns.&nbsp; Wait until they sell, give it some time.. let silver get to the mid 20&#039;s-low 30&#039;s and then stock up.&nbsp; Don&#039;t get greedy and wait for the low 20&#039;s because if they make a major purchase your out of the game.&nbsp; Likewise sell in the mid 30&#039;s and before the central banks do.&nbsp; If they dump, you have to wait an entire cycle.</p><p><br /></p><p>With this being said I don&#039;t see silver prices going above 40 per oz unless the purchases become larger and larger.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in