Clive M: A bloodbath is believed to be imminent in the silver market

JulieW said:
southerncross said:
So what if things go parabolic and you cant get phys ? we have all seen it time and again on big rises where dealers sites have unexpected outages or cease trading until things become certain or there is a long wait for delivery.

I note you only parted with half your stack and can see the sense of selling and getting back in on a lower price but I personally think the time for this type of practice is growing shorter with the current climate, paper traders have the sort of instant option to jump in and out in minutes but replacing phys is and can be a lot more complicated on sharp rises especially.
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A lot of smart commentators are saying exactly this. That 'the plan' is to get physical out of the market place at low rates.

I could be wrong but I see the physical market as a giant vacuum funnel, pulling physical up and up into 1000oz bars and few hands, leaving fairly paltry amounts of silver held in private hands.

Does anyone know where all that 'We Buy Your Gold' gold goes to?
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That statement is illogical as there was a crash in silver and gold from the 1980's til 2000. If that was their plan would it not make more sense to buy all the gold and silver they want at super reduced prices but obviously not, as most countries sold precious metals in that point of time.
 
hem9 said:
JulieW said:
southerncross said:
So what if things go parabolic and you cant get phys ? we have all seen it time and again on big rises where dealers sites have unexpected outages or cease trading until things become certain or there is a long wait for delivery.

I note you only parted with half your stack and can see the sense of selling and getting back in on a lower price but I personally think the time for this type of practice is growing shorter with the current climate, paper traders have the sort of instant option to jump in and out in minutes but replacing phys is and can be a lot more complicated on sharp rises especially.
Click to expand...

A lot of smart commentators are saying exactly this. That 'the plan' is to get physical out of the market place at low rates.

I could be wrong but I see the physical market as a giant vacuum funnel, pulling physical up and up into 1000oz bars and few hands, leaving fairly paltry amounts of silver held in private hands.

Does anyone know where all that 'We Buy Your Gold' gold goes to?
Click to expand...

That statement is illogical as there was a crash in silver and gold from the 1980's til 2000. If that was their plan would it not make more sense to buy all the gold and silver they want at super reduced prices but obviously not, as most countries sold precious metals in that point of time.
Click to expand...

We are far removed and in a completely different world from the 1980's to the 2000's , look at what the so called "smart money" is doing recently IE the likes of Soros and Paulson buying gold and country's and reserve banks worldwide purchasing and storing gold by the ton such as China etc, Silver will follow gold and over the last decade has even outdone it % wise.

Silver is classed as a precious metal and is traded as such on the global market in paper, There is a reason for this. Manipulation being but one, the intrinsic value is another.
 
Mannarino's calling for a pull back too

[youtube]http://www.youtube.com/watch?v=xGX9M-SH6GA[/youtube]
 
I dumped half my silver and if the plan works I hope to buy Newcrest Mining if we get a big enough fall. That stock will cop a pummelling in a short, sharp drop and should provide a similar kind of multiplier that silver will in the future. It's a theory.
 
anyone watch the advice given out on your money your call 90 % of the guys on there say silver and gold is NOT money and its bubble has burst and stay well clear.

i say this number 1 because people listen to them and well number 2 because people listen to them.

so getting more people in to the market is not easy with the know it all's shunning PM so i wouldn't hold my breath on moon shots any time soon.

just keep stacking if you think you are right and like i read someone on here i will either be proven and bloody genius or a bloody idiot :)
 
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