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What do you think will happen to Silver in the next few years??
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<p>[QUOTE="fatima, post: 1082511, member: 22143"]So basically, you put your faith in the status quo. One wonders why you bother with a silver and gold forum as the status quo doesn't want Americans to use it for commerce as they once did. Yet here you are. You are also making a associative fallacy by equating what is posted here, with nutcases on the internet. This isn't a logical argument to make a point and I do agree with the party you were responding too</p><p><br /></p><p>---------------------------</p><p><br /></p><p>In regards to silver, and the fact the price is being driven by the silver shorts, which you dismissed in defense of the bankers, the numbers are there as part of the public record. They are shorting far more silver, than there is silver to satisfy all the contracts. This is what naked shorting is. </p><p><br /></p><p>In 2010, the US mint could not keep up with selling 34,000,000 ounces of physical silver Their own actions and statements confirm this. Right now, there is over 630,000,000 ounces shorted on the comex. Exactly what warehouse do you believe this silver is sitting in? These are naked shorts. The risk that any silver investor has right now is if either of the parties (longs vs shorts) bites the bullet and drops out. Price of silver will go back to where it was 8 months ago.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1082511, member: 22143"]So basically, you put your faith in the status quo. One wonders why you bother with a silver and gold forum as the status quo doesn't want Americans to use it for commerce as they once did. Yet here you are. You are also making a associative fallacy by equating what is posted here, with nutcases on the internet. This isn't a logical argument to make a point and I do agree with the party you were responding too --------------------------- In regards to silver, and the fact the price is being driven by the silver shorts, which you dismissed in defense of the bankers, the numbers are there as part of the public record. They are shorting far more silver, than there is silver to satisfy all the contracts. This is what naked shorting is. In 2010, the US mint could not keep up with selling 34,000,000 ounces of physical silver Their own actions and statements confirm this. Right now, there is over 630,000,000 ounces shorted on the comex. Exactly what warehouse do you believe this silver is sitting in? These are naked shorts. The risk that any silver investor has right now is if either of the parties (longs vs shorts) bites the bullet and drops out. Price of silver will go back to where it was 8 months ago.[/QUOTE]
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What do you think will happen to Silver in the next few years??
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