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Message:: [QUOTE="RedOakPresoBox, post: 923266, member: 19928"]Me too on the VAT tax. I don't see how they can do this. It will crush most everyone. I see in Europe those PIIGS have between 25% and 35% VAT taxes and since the austerity moves (IE raising the VAT and the age of retirement etc.) have been raising their VAT's from 2% to 5%. Courtesy of Bloomberg's late night world wide news show in the last couple weeks is where I saw it. Spain, Greece and Portugal have made those changes to the VAT. Regarding silver, I have been waiting for like $11 to get some rolls of ASE's. I don't see it going down, though we could get lucky if something happens or the banks buy more shorts before the CFTC creates smaller limits. I see the "discovery" of a trillion in resources in Afghanistan (now they are saying it could be triple that) hasn't really had an impact on gold or silver prices. Overall, I think we will go up more than down. And eventually when the supply dries up we will probably get a nice bump. I'm not as locked and loaded as I would like to be, so a nice pull back would offer up another purchasing opportunity. The key is, that regardless of what happens, the opportunity to play the silver to gold ratio is good. It should be around 16 historically, so you can buy on that alone, but right now I think it is around 65. So, the profit potential is there. It should close the gap on any supply issues.[/QUOTE]