Exactly. Only problem with the miners is that they are currently following the SPOT price. So if SPOT is a 20 bucks they will be at all time lows, that is when you need to BTFD. Eventually the miners will follow the physical price.
I <3 this guy's stuff. In fact, his channel is the only one I subscribe to. Has proven a tad offensive to the feminist in me on one occasion and also found the toilet humour unnecessary, but I pay close attention to what he says, because I can actually understand the information.
Thanks for the vid, it's starting to look like a stronger divide between the bears and bulls. I'm a bull myself so I hope this guy is right. I think people are forgetting also about the long term, it would make no sense for silver to stay down in the ensuing economic climate.
BTFD: I must be turning into my parents, but I don't find it funny anymore. Yes, the occasional "I just sh&t my pants" gets a giggle, but there was one vid a while back that was pretty OTT with the fart jokes. Makes it hard to refer it to friends and family to it because they won't take the information seriously. Not that my family take anything I say seriously anyway... [altogether now: "aaaaawwwwww"]
I dont think this vid was made to be viewed by ladies ... For those ladies who do watch, may i apologise for having to hear that crudeness? It really wasnt meant for your ears
He as stated on his blog that his profanity is a form a disguise, so he is not identifiable. Here's his blog: http://silvergoldsilver.blogspot.com/ At least he's much funnier than all those homo comedians talking about their arses all the time! Take a HUC pill and get over it. :lol:
Actually, he is as woman, pretending to be a man, poking fun at all the male feminists. In fact, I've heard he is actually Blythe Masters pretending to be a woman, pretending to be a man, poking fun at all the BPA affected males who don't know what their arse is for. :lol:
What's a HUC pill? Judging by the way he speaks to people who comment on his videos, he works pretty hard at his disguise. Like I said, I must be turning into my parents. I swear like a sailor and like lots of crude humour, but in public, I like a little restraint. It's not like I get all huffy about it, so I think I'm over it. I just appreciate him making the vids in the first place. I've had a number of "aha" moments because of them.
<steering this thread back on track> They key takeaway from this vid is the belief that there will emerge: * The spot price (say, $20/oz) * The physical price (say, $80/oz) The example given is that you will wake up one morning, see the spot has dropped to $23/oz. You log onto your online dealer, and his price is $80/oz. Re: Miners, I agree with BTFD. If the above were to happen, their share prices would initially get smashed, as drop in SPOT means drop in miners SHARES (as they are a leveraged vehicle vs spot price).
Good work +1 I think the key signs will be bullion dealers totally out of stock... if we see this for ~2weeks of so they're gonna say stuff it, we'll sell on ebay to get a feel for going price and set the price on our web sites accordingly.... then all hell will break loose and that is why i'm here
Has anyone contempelated the correlation between PM prices Vs the US Dollar Vs the Australian Dollar ? If PMs prices drop due to a strengthening US Dollar, would that quite likely mean the US will also strengthen against the Australian dollar and therefore exposure to PMs are reduced ?
pixha: my comment referred to an earlier vid he made which included a gratuitous shot of a rather scantily clad buxom woman. This latest vid is fine. Sorry I ever said anything now.
