Bob Chapman - $55-60 silver then explosion to $80+ next 2-3 weeks

[Nub Cannon]

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

Yeah I have made crazier predictions with a lottery thing called "proline" where you guess the outcomes of at least 3 sports games (like who will win and by how much) and got it right. Some crazy stuff that probably can't be predicted would have to happen to get us to go 100%+ in less than a month...

 

[hem9]

When John (Stella) puts up a video of what he is doing (he does not expect people to take it as advice) and he gets it right, he gets flamed like crazy. When Chapman makes a call and gets it so wrong as well as permabulls like max keiser people just say it's manipulation. Sheesh that my friends are the reason why the silver liberation army is full of weird extremist and not rich investors

 

[Nukz]

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 really can't see the USDX heading to new all time lows from here until we see QE3 announced, that could be sometime away yet.

I think the opportunity for Silver to make a new high this year has passed. Even if the bottom is in (I suspect it's not) then we're probably going to be rangebound at best for awhile like after every similar spike we've seen in this bullmarket.

Yea i agree about QE3, the problem with people coming out and suggesting such future prices in silver are that for the prices to be achieved it's not as simple as the market just moving parabolic. There has to be something happen like a sharp drop in the USDX or Benanke comes out and opens his mouth and says something stupid for there to be such drastic moves in silver.

Everybody has different views on the metal but i think to suggest $80 in 2-3 weeks effectively more than double its current price is insanity absent some sort of catastrophic event.

 

[systematic]

shoulda woulda .... coulda

osama obama .... oh drama ....

 

[stellaconcepts]

When John (Stella) puts up a video of what he is doing (he does not expect people to take it as advice) and he gets it right, he gets flamed like crazy. When Chapman makes a call and gets it so wrong as well as permabulls like max keiser people just say it's manipulation. Sheesh that my friends are the reason why the silver liberation army is full of weird extremist and not rich investors

heheh... funnily enough - I have an email from Bob Chapman (ive kept in touch with him over the years) - he wanted to come on my channel for an interview (a subscriber set it up). I told him that I simply didnt agree with his predictions on silver so it would be disingenuous to put him on the channel when I simply disagreed with him.

Naturally, had I of done the vid, I'd have had raving reviews and heaps more subscribers... being right about silver isn't whats important nowadays... all you need to do is copy and paste a permabull and you have it made in youtube land.

im finished with youtube for a while - aint worth the effort...

 

[prince_of_sales]

im finished with youtube for a while - aint worth the effort...

John, I'm one of the guys who watched silver videos for months on end without ever touching silver. YOU were the one who gave me enough faith to get into the market at $26, and you should have been the one that I took most notice of when it was in the high 40s.

Please don't quit youtube, you're practically the only "silver guru" that reflected upon himself and questioned the status quo. Don't be run off by politics, people tend to get mad when they are wrong.

Oh and by the way, your CFD video that you had up was extremely insightful.

 

[Yippe-Ki-Ya]

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

Not really .... at least he has insight into WHY it could go either way.
However he's not God and so cannot predict with certainty what governments and bankers could pull out of the hat, so all he can do is predict
1. if they do A then the result will be X ...
2. if they do B the result will be Y ...

Nothing wrong with that at all

 

[Yippe-Ki-Ya]

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 really can't see the USDX heading to new all time lows from here until we see QE3 announced, that could be sometime away yet.

I think the opportunity for Silver to make a new high this year has passed. Even if the bottom is in (I suspect it's not) then we're probably going to be rangebound at best for awhile like after every similar spike we've seen in this bullmarket.

Sounds like you're effectively saying that the current silver price represents its fair price given all the fiat printed into existance up until this point and would require more fiat to be printed in order to push the silver price higher ...

is that about right?

 

[Yippe-Ki-Ya]

When John (Stella) puts up a video of what he is doing (he does not expect people to take it as advice) and he gets it right, he gets flamed like crazy. When Chapman makes a call and gets it so wrong as well as permabulls like max keiser people just say it's manipulation. Sheesh that my friends are the reason why the silver liberation army is full of weird extremist and not rich investors

Are you saying that the silver market was NOT manipulated down then?

 

[Yippe-Ki-Ya]

When John (Stella) puts up a video of what he is doing (he does not expect people to take it as advice) and he gets it right, he gets flamed like crazy. When Chapman makes a call and gets it so wrong as well as permabulls like max keiser people just say it's manipulation. Sheesh that my friends are the reason why the silver liberation army is full of weird extremist and not rich investors

heheh... funnily enough - I have an email from Bob Chapman (ive kept in touch with him over the years) - he wanted to come on my channel for an interview (a subscriber set it up). I told him that I simply didnt agree with his predictions on silver so it would be disingenuous to put him on the channel when I simply disagreed with him.

Naturally, had I of done the vid, I'd have had raving reviews and heaps more subscribers... being right about silver isn't whats important nowadays... all you need to do is copy and paste a permabull and you have it made in youtube land.

im finished with youtube for a while - aint worth the effort...

John - i respect your opinions very much, and this last silver drop has proven that you know what you're talking about!
Nobody can get every prediction right thats for bluddy sure!
however your youtube channel is a great source of information and learning for the majority of us out there ... i know i speak on behalf of the majority of stackers out there when i sat i sincerely hope you come back asap! We really DO NEED YOU!!

 

[Yippe-Ki-Ya]

im finished with youtube for a while - aint worth the effort...

John, I'm one of the guys who watched silver videos for months on end without ever touching silver. YOU were the one who gave me enough faith to get into the market at $26, and you should have been the one that I took most notice of when it was in the high 40s.

Please don't quit youtube, you're practically the only "silver guru" that reflected upon himself and questioned the status quo. Don't be run off by politics, people tend to get mad when they are wrong.

Oh and by the way, your CFD video that you had up was extremely insightful.

+ 1

Yeh - what happened to that CFD video?? Did you take it offline?
i wanted to have a good look at it - i need the education ...

 

[grinners]

Stella, what happened to the Max Keiser phone call? I saw it yesterday but didnt have time to watch it and now its gone?

 

[hem9]

When John (Stella) puts up a video of what he is doing (he does not expect people to take it as advice) and he gets it right, he gets flamed like crazy. When Chapman makes a call and gets it so wrong as well as permabulls like max keiser people just say it's manipulation. Sheesh that my friends are the reason why the silver liberation army is full of weird extremist and not rich investors

Are you saying that the silver market was NOT manipulated down then?

All I am saying is that YOU or I don't know that if it was as there is no concrete proof. There are people that say they have met aliens without accompanying proof, what do you call them? Oh ya I know "a nut".

 

[Dwayne]

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 really can't see the USDX heading to new all time lows from here until we see QE3 announced, that could be sometime away yet.

I think the opportunity for Silver to make a new high this year has passed. Even if the bottom is in (I suspect it's not) then we're probably going to be rangebound at best for awhile like after every similar spike we've seen in this bullmarket.

Sounds like you're effectively saying that the current silver price represents its fair price given all the fiat printed into existance up until this point and would require more fiat to be printed in order to push the silver price higher ...

is that about right?

I can't imagine that you are saying that markets always represent fair value and always trade on logic and "fair value". Market pricing is determined far more by sentiment in the short term so I don't think that hobo-jo's statement is saying what you're suggesting in the slightest - though maybe he will correct me on that.

 

[stellaconcepts]

Things we know:

1. The CFTC raise margin requirements on all commods when the volatility and their exposure and risk increases.
2. The CFTC lower margin requirements on all commods when its the opposite.

What we saw was standard market principles. There are way more smoking guns in this market to prove manipulation - this is not one of them

I even WARNED that if the CFTC started getting aggressive on margin rates and leveraged longs the rally would come to an abrupt halt. (see the vid I did on holidays http://www.youtube.com/watch?v=0vMgVZ1QDZ4 (start listening about the 8:00min mark)

 

[Nukz]

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 really can't see the USDX heading to new all time lows from here until we see QE3 announced, that could be sometime away yet.

I think the opportunity for Silver to make a new high this year has passed. Even if the bottom is in (I suspect it's not) then we're probably going to be rangebound at best for awhile like after every similar spike we've seen in this bullmarket.

Sounds like you're effectively saying that the current silver price represents its fair price given all the fiat printed into existance up until this point and would require more fiat to be printed in order to push the silver price higher ...

is that about right?

It's really hard to answer this exactly, i believe currently the market just doesn't perceive QE1/QE2 and the subsequent increase in money supply as being as big a issue as others may. That said there could be a sudden change in market sentiment towards the increase in the U.S money supply which could send investors into precious metals.

If you think the current price of silver is fair value or not is really irrelevant because that's not how you make money and the market in a way is always right.

Thus far investors still seem to have faith in bonds/stock markets although the USD is starting to get allot of media attention these days.

 

[Nub Cannon]

If silver stays flat or drops over the next few weeks $5 bucks says SGT and Bob Chapman will say "IT'S TEH MANIPULAZIONS!", I don't know if it's just me but I feel like there aren't only "manipulators" in the market. Besides we would be considered manipulators as well.

 

[samwang]

are you sure we are going to see prices over 50 in the coming month?
im not ready for that

 

[Nub Cannon]

are you sure we are going to see prices over 50 in the coming month?
im not ready for that

the only way that this described move in price can happen is if either margins drop by 50% to where they were before or somehow by some miracle the worlds population decides to invest their money in silver.

 

[BigBen]

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

A bit over 4 weeks later and we are really close to 60, let alone 80 lmfao!!!!
Classic!