Image if it kept going like this till $400 it would seem like another Hunt bros bubble but would be an interesting ride
The Silver Stacker brothers cornering the 2011 market. Future URL: http://en.wikipedia.org/wiki/Silver_Stackers_Market_Manipulation
I'll just clean up the popcorn in here while the party moves on the Stedlar's "USD $46' thread... http://forums.silverstackers.com/topic-8426-46-usd.html Hum dee dee....
Have a look at Ben Bernanke's religion. Surprise Surprise! The Elites that hold very high positions in Government and Corporations within the USA are from the same background. Tied to the Rothschilds and the like. Close net and currupt society.
Note: AUD silver has just passed $45. AUD is sitting at 1.0724 USD USD index is at 74.134 and oil is $112.58 USD
At first thought of $50 tonight I chuckled, then I looked at the charts, and it seems plausible all of a sudden
Im not totally convinced we are seeing a near term collapse of the US dollar and economy, I know about the printing press, massive debt, etc, etc... but look at the interventions/manipulations that held up the Japanese from free falling after the tsumani. Im sure they will do something similar with the US if confidence erodes too much (excluding QEIII). Sure, it won't necessarily change the US's situation, but will definetly extend the timeframe.. give the can another kick so to speak.
Just bumping up this thread for $45 silver again... What!! It's back up to $46 again? I'm too late! Quick - Run to the $46 thread!
man there is far too much testosterone in some of these posts. Let me ask you, is the correctness in your decision based just upon the movement in prices over a few low volume days in silver. What happens if silver crashed in the short term to $20. Unless we are trading very short term to make some extract pocket money, focus on the bigger cycle.
i mean this in a nice way, but balls have nothing to do with it. They can shrivel very quickly. Whats needed in my opinion are just two things (a) a clear personal reason for being in PM. Is it a trading opportunity or a long term investing/wealth sustaining opportunity. (b) conviction of opinons. trust me at some point all PM holders are going to be tested as to their convictions (and i'm not talking historical here). This is just the way the markets work.
ch I tend to agree. Yes, hyperinflation would cause a collapse in the US dollar. But, I don't believe the US is heading for hyperinflation, instead they (and much of the world) is heading for stagflation. Stagflation will only "gradually" devalue the US dollar and other currencies and yes it will cause inflation, but it usually caps inflation at around 15/20% max. Eventually inflation will lower the value of the US dollar to the point where their exports become so cheap, that exporting US goods starts to become attractive again. This will stimulate the manufacturing sector, and the US economic cycle will start over. Stagflation: - Usually results from Excessive Debt / Money Printing. - Money is pumped into the system, but not directly to consumers. - Gradual inflation up to 15/20% MAX. - No or little change in wages. - Huge unemployment. - Increases division between rich and the poor. - Is very hard to stop! So why are we not headed from Hyperinflation... Yes I agree we are in for some significant US / World inflation which is bullish for Silver / Gold. And yes the USD may no longer be the reserve currency in 1 or 2 years.. But I doubt we will see a collapse of the dollar or spiralling inflation of 50% or more, unless Governments start creating massive stimulus packages where they put money directly into the hands of consumers. Thats my 2 cents..
the stagflation perspective is valid and it is what I am basing my own theories as well. The process of USD devaluation and stage 2 of the silver bull market will be longer than expected...However I think that stagflation will result in with a total collapse, not recovery, so this assumption: is incorrect in my opinion...US goods becoming attractive again, USD allowing for an increased volume of exports etc will not be a remedy to trillions of rolling debts in interest only, I predict the money printing to continue over the next 5 years, China will be the world's largest economy in 2016 and the US will pop then, stagflation is what Bernanke is counting on, they dont realise the fact that stagflation will cause an even uglier ending, it is only transforming the upcoming booomm to booooooooooooommmmmmmmmmm...
Yea. You definately could be on to something there. If stagflation goes on too long, it makes bad matters worse, and could well prevent the US from getting out of the shit all-together. There is no doubt that the US is going to be in horrible shape over the next 10 to 20 years, thats for sure!.
