Back the truck up?

There are forums for those, man. Surely you knew that already.

Yup.
It shows in your posts.

 

It's good to have people with different stand points I guess, And usually CJ's posts liven a few people up.

Cheaper the better, Im on a 10-15 year time scale so long as you all keep buying iphones and TV's I will know my investment is safe for then.

 

I have to say your jingle is amusing in a corny kind of way.

I'm not heavy into silver, if I was and bought at over 30 I wouldn't be happy.

 

I have seen the reference to 10-15 year time frames for stacking, and to be honest, I do not see it.

I look at the USA and it's creative accounting measures.

The EU markets are in a mess, and unlikely to turnaround in the next 10 or so years. ie Spain, Portugal, Italy, Greece, Ireland et al.

Japan, for want of a better description is underwater.

China has it's own very large problems which has the potential to affect Australia and South America substantially.

The UK, from an outsiders viewpoint is degenerating fast and France is not too far behind.

Globally, the world is in a mess.

Whilst I do not have a crystal ball to see into the future, I would not be surprised if we were in a full-blown depression within 3-5 years. 10-15 years stacking time is, in my view, incredibly optimistic and possibly myopic!

Whilst I do not like the possibility, and wish I was wrong, I can at this stage only conclude that a depression is not to far away.

 

that's a cop out, you're here because you like to annoy people mate - it's pretty obvious.

There is no reason I can see why you'd bother posting in the silver section.

 

Boston I agree with your analysis and sentiment, and continue to load my truck; however the silver price is not paying any attention to my logic...

 

If that's the case and the industrial demand for silver declines, what happens to the price?

 

I can't, or won't, comment on the price.

My comment was in regards to the stacking time frame of 10-15 years.

 

Sorry but I am not The End

 

I see the Silver price went down to AU$21 then straight back to its AU$21.75 trend. Now this morning it is dropping again towards $21.00. If that was some sort of 'dead-cat bounce' then this 'drop' could go below AU$21. Under AU$21 is my buy in price. Not backing up the truck...but I have the 'averaging down' wheelbarrow handy.
Watching with interest.
As for stock market peaks and troughs (recessions), there is usually a 9 or 10 year cycle. That means around 2018 things should be looking up.
On the other hand, if you look at Japans previous property bubble, their economy took much more time than a decade to recover. In that case economies that witnessed a property bubble like the U.S could be going 'sideways' for quite a long time.
Australia?..we are a giant quarry, so while our resources exist and are required, we'll be ok. One of the indicators for a recovery is increasing inner-city real estate prices. When you see that trend, we are on our way again.

 

"I have reluctantly reached the conclusion that nothing is more suicidal than a rational investment policy in an irrational world" - John Maynard Keynes

 

Silver is a bargain, I think backing up the truck at these prices is a very good idea

 

Or not.

 

Just like when you are on a long journey...and almost two hours driving.
now making a U turn. almost forgot. You left the key on your safe.
Its really ....

 

I don't understand that analogy alor...

 

the key to what

 

I think he means the key to the car. So you were imagining yourself driving for 2 hours

 

no - not correct, i think he is referring to the keys for the truck

 

Maybe he left the safe key on top of the safe?
Is there a prize for correct answer?

 

I tend to agree we are on decline into some bad times, but would'nt that be good fir PM prices? Obviously the currency can't be in good shape in such times and that is usually a positive for PM's 10-15 was my longest wait, I was hoping for the moon in next few years..