On this show (last Fridays show)... http://libertyarchives.com/farlive/FS2_FRI.MP3 About 9.20min in bob describes a situation where the paper silver market is about to explode. He expects a price range of $55-60 where a blow up of the paper market causing a default, partial default or fed buyout ($140billion), sending the price skyrocketing to 80+. Time frame? 2-3 weeks. Strap yourselves in people its going to be a fun ride. BTW, lets stay on topic this time. (you can find 3 weekly shows with bob here) http://www.discountgoldandsilvertrading.net/Radio_Show.htm
Yup, he has been very accurate. I have been listening to him for over 2 years now. He claims 98% accuracy and I can vouch for that in the time I have been listening. I have now subscribed to his news letter and find that to be a very good twice weekly read. A few weeks back (when it was $35) he predicted a $40 to $45 range with a possibility on $50. He was a week early on the time-frame (due to margin manipulation) but his target was spot on. But, lets see if he nails this prediction!
Well thats what this is all about. I take very seriously what bob says, If he nails this prediction many here will also.
Well I would prefer a sane person who predicts correctly, but will take an insane one who predicts correctly over a sane one the predicts incorrectly. Will be watching this thread and NO OT ppls
Bob Chapman talks about the weekend movement in silver (scroll down a bit to the YouTube vid) He suggests PTB pushing down price ahead of options expiry. http://www.gonob.com/
I think its very hard to say exactly what is causing short term movements. The easter spike was up on low volume, and its come back, low volume markets are always risky because price movements are more easily influenced.
is his predictions are correct i will donate 1*pm 2008 mouse to the forum! I'll give him to end of may to hit his 80+
http://tinyurl.com/Bob-Chapman-4-28-2011 7:15min in bob is still confirming his prediction. At the beginning of this interview he talks about various "news letter" writers calling for drops in price in sliver. One as low as $25. So we will see who is right soon enough. My money is still on bob!
Bob has also said for the past 2 weeks that there will be no resistance at $50. It will go straight through $50 "like a hot knife through butter."
I still don't know much about Chapman, but I got a better feel for him in his last interview. I made my choice a year ago and removed my market hedges. If John/Stella and others are right and silver tanks to $38, kudos to them and I am wrong. I would be surprised to see silver drop below $43-45, but life is full of surprises. And $38 would only take us back to prices of a month ago. Silver is en fuego and will retrace at some point. I seem to remember David Morgan stating in a prior year video that silver would not have much resistance at $50 and now he is taking money off the table. Very interesting times. Since I am almost all in and have been since September 3rd, I cannot take much advantage of a silver drop, but I know a lot of SS posters will be happy. GLTA
lol nice one, i guess if you get it wrong the first time just predict the same thing again later on and hope it comes true. If it's not true blame the banks rinse/repeat. Nobody has mentioned this but as of lately the USD has been in a corrective phase so Bob suggesting these prices he's also suggesting the USD correction will end and it should resume it's collapse in the next 2-3 weeks. The USDX and silver are not a completly related but if the price of silver rally's to 80+ then the USDX would have to touch new all time lows.
I love gurus who pretty much say that it could either go higher/lower. It's one or the other, thsi info is as helpful as telling people that you could flip a coin and get either heads or tales
