Hello Ladies & Gents The last few months have been very interesting for Silver Investors. I've hit my buy in goal for this year unless the price once again dips like last night.. I'm in for the long haul but I had a chat with a fellow investor and he is heavily invested with CCU and AYN, He is predicting silver price will be crazy August onwards.... well August is just around the corner I guess we will find out .. So what do you peeps think about the future of Silver? Dan
There's an article on "Silver Doctors" about silver going nuts in August as in going up. I guess we'll see. :lol: http://www.silverdoctors.com/bill-murphys-london-source-big-big-gold-silver-moves-coming-in-august/
Yeah the latest SGT Report has an interview with Bill Murphy saying that the reason for the rise in the price of silver last year was because JPM was effectively hog tied during that period and that come this August the same will happen again. http://www.youtube.com/watch?v=kelSL9nrWUE&feature=plcp
he doesn't say who his sources are... hmmm i'd be a bit skeptical... its easy to influence noob investors by propagating 'rumors' in the market to get people to buy/sell... it happens in the stock market all the time!! :/
I met a half-witted street buffoon (the other day) in the local pub. This dude had never purchased a single ounce of gold or silver before in his life. He brought his first ounce the other day, with his unemployment benefit, and now REALLY LOVES silver. As I said, he's a half-witted street buffoon, who's does a lot of reading of internet forums in the local cybercafe. And he just LOVES silver!! Anyway... to cut to the chase, this guy is also settin up a precious metals advisory blog, for guys just like us. So be HAPPY folks, soon along with silverdoctor, we'll have this new guy's blog to draw upon, in order to help inform us as to what's really going on in the precious metals sphere.
Hey Black_Sun, it was nice meeting you at the pub the other day, be sure to check out my blog when it's done
I've been interested in the metals since 2002 (Gold only back then). Michael Ruppert was talking about it back then. Whilst G & S have performed against bread in the climate over the years, I have learnt that this is a very drawn out affair. These days I don't bother with the latest hype, as I've seen more than enough over the years already. The underlying fundamentals remain though.
August you say?? I am predicting the price 'skyrockets' between $26.07 - $26.89. Seems to be the only place silver has been tracking lately.
Definately a long term investment... Started with gold back in 2004... Now I'm silver heavy , Im 32 now so I have the time to wait & pray ..hopefully...
I wonder more if TPTB can hold the fiat house of cards together another five years. If they can't, the 'price' of silver will be irrelevant. Silver will be priced in what labour and goods it can fetch you, and it will be measured in tenths of ounces.
For my 2 cents, price spike starting around end of August will take the price to Low to Mid $30's by end of the year. Will be some big fiat printing by ALL central banks between September/October coincidentally just prior the US election, will be in response to some more Financial institutions collapsing. The only two shares I hold atm is AYN & CCU
Lol this guy has a friend "one of the wealthiest in Europe" who read something in some document that confirms a massive spike in the price of silver in August. You have got to be kidding me? Solid evidence and great fact checking by the silver doctors I have to go and fetch my truck so I can back it up now before I miss out