I was listening to a fascinating 'conspiracy' piece by Lindsey (?) about the 'elite' and their plans for 2011-2012. This fellow claims to be the recipient of a deathbed confession by one of the money masters who pretty much said that massive inflation was planned for the US dollar and they expected to halve at minimum its purchasing power over 2011 - so that points to $50 for sure - and circumstances in place certainly point that way. He keeps repeating the 'insider' tip that anything in financial paper will be destroyed and that silver and gold are the 'money of the elite'. Oops here it is - Lindsey Williams - might be a crackpot but he is a sincere one. (aren't they all! lol) http://lindseywilliams101.blogspot.com/
Doesn't matter how relative your PM is to paper money, fact is 1 oz silver still buys a goat, 10 oz a milk cow, 200 oz gold a house. A wife could cost you even more !
27k for an apartment in Miami if Daily Reckoning is to be believed. Cost 70k in Melbourne for a carspace or storage garage
Its a week and a half too early for me. I have an annual bonus that is going to get crunched with PM's painful to watch and can't do anything. What's the bet it will be way up when I am ready to buy. As Slam says we are in it for the long run anyway
I am more impressed that silver went from $17 to $29 in the last six months! By my reckoning, the silver price has risen dramatically, not fallen.
I took advantage of the little dip and picked up 10 x 1kg perth mint bars @ $985 each. They will be getting more stock on Thursday - sounds like they are pretty low on stock.
Can people tell me where they are buying their PMs today? Most places like Ainslie or ABC are shut for the holidays ...