Every second person huh? You certainly do move in interesting circles ... i dont know anybody (outside the forum) who is buying silver.
While the long queues at PM retailers may seem alarming to us it may be a somewhat sobering exercise to discover: 1. what proportion of the population are buying silver 2. what percentage of "investment money" is going into buying silver. If i were a betting man i'd have to say that both percentages would be ridiculously low! perhaps "pico" mania would be a more suitable term than "mini" mania ...
Seriously dudes, If Stellaconcept sold his silver then good for him. I seriously dont know whats the point of this discussion. Enlighten me?
People are discussing other stuff now, like whether or not it is in mania stage etc Personally I don't know anyone at work or in real life (except for people on here I've met) who buy physical or even paper silver. My circle of friends are all IT/Finance people in their early-mid 20s though. I'm interested to hear what group of people you guys hang out with such that 'every second person is silver trading'
How many of your friends/associates directly owned shares in IT companies just prior to the tech wreck. I'll bet not to many more than you currently know owning silver. malachii
Actually more than you think, despite being so young I had relatives, their friends etc all hyped up at 'dot com' bubble... I was in Asia at the time so the hype was mostly around TOM.COM or some crap This time around, nothing yet which leads me to believe if we are in a mania stage, it is still VERY EARLY. I think the silver market is just that small such that 1000 forum members could probably corner it in Australia lol (make it look like a bubble)
Just harzarding a guess here, but i was assuming that the idea of this thread was to debate the merits of selling out a portion of one's silver stack in the belief that one could buy back in later on at lower prices and thus increase one's ounces tally. Basically to lock in profits now or not...
Yeah, gotta agree with YKY. I was just starting work earning a quid in 98. Everyone had an IT stock tip or new start-up. This is not like that, I'm my very humble opinion... >10% down this morning...
Thats true but you cant look at it in those terms. You need to see the size of the market cap . One or two billionaires could move the silver market by entering (this means its a tiny tiny market) If a billionaire wanted in on silver he would have to buy a mine cause otherwise the minute any word got out that MR X-billionaire wanted in the price would shoot to the moon. You couldnt do that kind of thing when the tech stock at the time cause market was much bigger. With the market being so small, means that you could get a silver price hike all the way to 60,70 with the so called sheeple still going along their merry way not knowing anything, have it go back down to 25 and the sheeple still being none the wiser. The market is small , that's the difference. Basically dont expect that everyone will be talking about it cause when the price goes to a certain level the leveraged speculators will release and it will bring the market back down (Or they will be forced to sell , which ever comes first).
Danger Will Robinson! When this set up happens all the US has to do is (hypothetically) claim to kill a (hypothetically alive) famous terrorist, and cause the USD to rise unexpectedly. The shorts will then panic and buy USDs to cover their positions - and a neat USD rally commences. Let's see what happens this week.
I reckon he may have been on ice for years and they were waiting to pull him out - I'm watching for some bad news this is covering.
John, i'd have to say that this is a noteworthy "reply" to your post: http://www.youtube.com/watch?v=eLHUOnVEOBE&feature=player_embedded
I am going to hazard a guess and say this was for Royal Wedding stuff and new releases. Could be wrong though ?
Me too, I'll be on the look out for a corpse with 'freezer burn' when they get to releasing the pics! What's the bet that despite all the high tech gadgetry the US military has, the images will be from a washed out grainy camera phone?
Maybe they'll call in the crew that helped them to sort out the fake moon landing vids and JFK photos and no-one will ever be the wiser
Nah I'm sure the moon landing was real I bought a rock of a guy who knew Neils dog. (seriously moon landing real Osama dead timing suspicious).
Osama is dead but that did not take the USD off of life support. If that was their plan, it failed as miserably as everything else our US government is doing. USD is down as I am typing this reply. Has anyone considered that they want to break the USD? Bernanke's speech was not supportive of the USD.
