Tonight on ABC TV, Financial Reporter, Alan Kohler reported about the price increases of both gold and silver and provided graphs for the last year, mentioning that silver far out performed gold . This could well be the start of the sheeple been alerted and asking the question why? Any comments SS members. Regards Errol43
Thank's Errol this kind of information will keep me awake at night. Maybe if I count Sheeples........... In NZ that's what ewe get when ewe cross a human with a sheep.
Yes I saw that on the 7 pm news. He added that there is no shortage of silver above ground however industrial demand for silver has increased and demand from investors in physical as a safer investment has caused the hike. This is the most detailed blurb from a tv finance reporter I have seen to date.
I have always been quick to disagree with people such as hobo-jo who think we have entered Phase 3 of this silver bull market. However, in the last 2 weeks ...... * segment on CNBC from a coin show (!) talking about 'getting physical' * kochie mentioning silver the other morning * kohler's piece on silver last night * kochie AGAIN this morning mentioning silver price has increased 150% in 12 months I think the pieces are starting to fall into place. EDIT: could the silver dip after the GFC in 2008 be the 'bear trap'? Hobo-jo did mention this too. http://3.bp.blogspot.com/_gmV5tHqYzEI/TTBLFNCUEvI/AAAAAAAAAI4/NjnlhTcw9qM/s1600/bubblesandmanias.gif
I woke up this morning (Australia) to watch Ross Greenwood with 2 charts, first with Gold shooting straight up, then my heart sank as he flicked over to silver saying it had done even better. DOH. Here's hoping people are lazy and don't jump on until chaos
Well I, for one, hope people jump all over it and buy up like a f$&@ing crazy animal! I'd much rather my several thousand ounces appreciate in value vs everything else, rather than wait for hyperinflation to set it. Just my two cents...
I'm not sure that the Aussie media splash will have that much of an international effect. Just wait until Oprah has Mike Maloney's book on her Monday book club.
You can watch it here: http://www.abc.net.au/iview/?WT.srch=1&WT.svl=TV_iview_au#/view/748458 Go to the 24:50 mark.
+1, it's the only way most people know how to own assets. There are three ways to make money - investment houses, term deposits and trading shares. Was playing golf the other day with mates and they were talking about some rubbish, as they mostly do, and one of the blokes said a woman at his workplace had made a killing by "buying gas", his exact words. This piqued my interest, gas stacking? I thought. I asked him how she stored it, he laughed at me and said she had bought shares. Talk about feeling deflated.
Yeah, saw that last night. Funny, I refrained from commenting while my hubby and 24yo were watching with me, then after that clip, my son asked, "did he get it right Mum?" LOL! Resident silver expert that I am
Duhh.. so... if I go to tha coyn shop, and buy a silver coyn.... is that "having silver"? (scratches head) I don't get it! They say silver's goin up, but I been starin at that coyn all day and it ain't gone nowhere! Pfft, click over to Masterchef... (shudders)
