What to do now?

what do you mean by "interesting"? like interesting going up? or interesting going down?

 

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I assume since the chinese do not invest heavily in silver at all and are much more a gold investing country, that Jjack means if their economy slows down and they begin to make less products which incorporate silver. Since china is the leading manufacturers of solar panels and electronics like cellphones and computers.

However I must disagree with the notion that a slowed economy would drastically effect these markets. Solar panels are useful in all economies and are being turned to more and more each day. The buyers for the chinese solar panels are the entire world not just China and therefore the demand for that specific item is still fully there.

Really the same for the electronics. The main buyers for the electronics of China are not the Chinese. Therefore the demand is still fully there for those specific products and as long as the demand is there the products will be supplied.

 

I think it should be clear to anyone reading through this and other topics on this forum that industrial demand has no affect on Silver pricing. You guys always buy and sell your coins & bars based on spot/melt price and that price is determined, primarily by banksters, wall streeters, and other interested parties big enough to affect it, on the CME where more silver on paper is traded than what exists in the world.

Anyone who thinks that solar panel production is going to affect the worth of your ASE simply needs to do more homework. Else you are going to have the wrong conclusions and risk getting burnt by irrational short term decisions.

 

90% of people who currently are bull on silver are not short term, they are long. I am planning perhaps as far as 30 years in advance, if that is irrational short term decisions I would loath to see long term.

The silver industrial value DOES have an effect on the market. What do you think happens when silver switched from a backstocked PM to a supply and demand commodity? Do you honestly believe silver mines will sell for what some fantasy paper price dictates silver is worth when they can not keep it in their hands for more then seconds at that price? No. They will raise their prices until a suitable price median is found which gives them their maximum profit.

Its clear you believe your ideas correct but logic and critical thinking arrive at a different conclusion.

 

My commentary was for the long term investor. Longs are just as susceptible to spur of the moment decisions.

I would be interested in seeing some details of how mining prices are affecting the price of an ASE. Any theory should be validated by real numbers.

 

Few things business won't be investing in solar panels to go green if the economy is going down the gutters so it is not recession proof, as for Solar itself most analysts in that sector are predicting a rough year for Solar industry due to many factors. As for China, china consumes a lot of silver mainly due to massive infrastructural $$ (remember the silver peak during Olympics?). China is large consumer of electronics but not to the degree of US or Western Europe is, US economy might be in for recovery but same cannot be said across the Atlantic.

 

Probably more like the old Chinese curse, "may you live in interesting times". The "good old days" where most in the hobby were agreed PM was cheap, though we had no way of knowing when it will go up, may be over. I see PM as going up and down for a while, with the general trend of course upwards over time due to inflation of course.

Just my opinion.

BTW OP that is my answer to your original question. I see trading opportunities in a band up and down, and a smart trader could make money. I am not that smart, so I will just sit tight until something major happens one way or the other.

 

Yea IMO there will be more pressure for PM prices to come down due to improving US economy but in the long term the trouble in Europe will end up affecting us.

 

I don't feel its mean spirited. You feel the need to warn people just like I do However, Lindsey Williams' track record speaks for itself. He has numerous correct calls, I just mentioned a couple big ones. I specifically mention him so others can see what he is about and make their own determinations, and I always try to defer to my sources wherever appropriate. However the post itself is the culmination of my own research and calling it like I see it. When you've lived in the rabbit hole for over a decade it's not always easy to substantiate things you learned over the course that weren't deliberately documented, but I have the big picture in my mind. Precious metals are the answer to the culmination of what I have learned as the average person's practical response to thwarting the chains of oppression, whatever words are used to describe it and its machinations.

P.S.
Lindsey Williams encourages people to share his DVD's for free. Maybe it's a marketing ploy, but nobody is giving him money except those who want to support him.

 

Just to be clear, I said that Lindsey Williams said that his elitist friend told him that the dollar would be worthless. He did not say that it would be done away with. I am also skeptical of this outcome happening in 2012, but I'm not the one saying this is going to happen. I'm merely pointing out what another has said. The fact is that nobody knows what the future holds for certain, which is why I prefer to be prepared just in case. I don't think he's necessarily right, but I do consider it when weighing probabilities. Everyone has to make their own decisions about what they put creedence in, but even the wisest discerning minds can only process the input provided, so I take it upon myself to shed light on things and let the chips fall where they may.

 

Good for you! :thumb: You've figured out fatima.