The power of the big lie. It's btw not permabull, it is said "selling too soon or too late", the latter clearly indicating a peak followed by a downtrend.
The title says it all for me. The something big is the size of my stack. I only wish to accumulate. I dread the thought of silver spiking threefold. My beloved fifties would cost me $25 each. I'd get out of buying silver and, and, I don't know buying what. The serious thought is, what changes to make silver spike? Property, bonds and stocks collapse? War? A Green, gay president? I don't think silver can spike in isolation.
Invest in Chinese Yuan. You heard it here first. I know that's like "Un-American"...but it's the right play. Just watch and see what happens later this year, lol
The Chinese stock market is massively leveraged with what is looking like the highest level of margin debt in history. The sudden rise is spectacular, but it could implode just as spectacularly and I doubt that would be positive for the Yuan (or for Australia for that matter).
"Un-American" lol - I tell you what is "Un-American" Tapping everyone's private conversations, e-mails and bank transactions Funding drug cartels Collateral damage Leaving ambassadors to die Starting riots with the intention of overthrowing legitimate governments Making up BS statistics and the list goes on and on The current American regime is "Un-American"
The Yuan is sitting a bit high for me to speculate at the moment, as we like to HOLD the cash. Our next play (after our great success with the USD last year)is the Egyptian pound. Pull up a ten year chart and have a look. It is looking good from where we sit. YUMMY YUM YUM!
But all of those "un -American" things you list are exactly what the USA govt DOES NOW> China is going to take on this current US govt and probably win because Obama has shown GREAT WEAKNESS.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^blah blah blah goes the putinbot. Meanwhile. This thread is a friends uncle told me taken to the extreme. 'Something big' Yet a)No Source b)No Specifically what c)No When None of those seem evident. Source:
The other governments in the world aren't different, making the "America" property quite irrelevant. They never were. Even when they were so called in war with eachother, in the end, it was just a war between thieves, with their victims manipulated upto forced to do the dirty part in it. If you use the word "American" as freedom, then I agree. But I find that a bad idea. I name things like they are. There is so much obfuscation around that the sarcasm benefit isn't worth its drawback.
The writing is on the wall my friend... I just can't read what it says, because its in Chinese. I think China, Russia and India could form a unified currency and the US would be Fncked.
So happens when we allow china into the SDR? 100's of billions of USD will flow into their markets. I'm expecting stocks to keep on soaring to new highs and metal prices falling quite low until Oct/Nov. Once this IMF meeting takes place, we still won't know the results until late October.... .....but I'll keep checking the COT report to find out when these big maniplulators are done shorting silver. lol
1976-1980 was a big event. A repeat took over a couple decades. 2008-2011 was a big event. Why would we see another Biggie, just 4 years later? The COT report isn't an all-sayer. It's an interesting piece of data, but using it as single directive, will end in surprise and error on the longer term. Finding out 'whatever' is a matter of closing in on the bigger picture. In case silver, it's for example checking sales figures, stock figures, dependencies, including other markets that are connected in any way and also knowing in which degree as such. Your "manipulators" will never have done "longing" and "shorting". Because your very goal, as a buyer+reseller, is their existence reason. They won't go without you going. In a zero sum story, it's useless to focus on a market side. A seller of stock thinks that the price is gonna drop. A buyer of stock thinks that the price is gonna rise. Any more implies an equal less. The "enemy" comes already with the own initiative.
I'm waiting for metals to quit being hammered down. Apparently, these clowns will continue to smash prices. So I'll patiently stack my cash while waiting for a $12 entry point when it's FINALLY bottomed out. I'm still waiting to see more support, and it's just not getting any with all the shorts in the paper market.
Don't get me wrong, I'm long-term silver. But I expect it to get smashed back down before any dramatic "to the moon" scenario.