Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
US Mint sold out of 2013 silver eagles - 6,000,000+ sold!
>
Reply to Thread
Message:
<p>[QUOTE="InfleXion, post: 1627238, member: 29012"]Definitely agree Tyler. The main reason metals go down (aside from margin hikes and giant short positions) is because they use rhetoric that QE might end out one side of their mouth while printing $85 bn/mo to keep markets from double dipping and the US from defaulting on its debt (which Turbo Timmy gave us an extension on earlier this year by raiding government pensions once again). The anticipated commitment through 2014 gave the paper traders the confidence they need to go long this year even though anybody who knows the deal doesn't need their reassurance. Raising interest rates on an unpayable debt only makes it that much more unpayable. </p><p><br /></p><p>The only thing I differ from you on is that it is not a waste of time trying to convince others. Each person who has precious metals is one less person who will require help when the paper bon fire is set ablaze, and it's a double win because that's also one more person who will be in a position to be of help.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1627238, member: 29012"]Definitely agree Tyler. The main reason metals go down (aside from margin hikes and giant short positions) is because they use rhetoric that QE might end out one side of their mouth while printing $85 bn/mo to keep markets from double dipping and the US from defaulting on its debt (which Turbo Timmy gave us an extension on earlier this year by raiding government pensions once again). The anticipated commitment through 2014 gave the paper traders the confidence they need to go long this year even though anybody who knows the deal doesn't need their reassurance. Raising interest rates on an unpayable debt only makes it that much more unpayable. The only thing I differ from you on is that it is not a waste of time trying to convince others. Each person who has precious metals is one less person who will require help when the paper bon fire is set ablaze, and it's a double win because that's also one more person who will be in a position to be of help.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
US Mint sold out of 2013 silver eagles - 6,000,000+ sold!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...