I knew it

No1joey

Member
Silver Stacker
I knew silver would smash through A $32, last night it was at 31.60 up 2.5%, thought I bet when I wake up it will be heading to mid 32's...

So is this all just because Greece got bailed out ? A kind of revived optimism in the global markets because of the bailout?

If so how would gold & silver be a safe haven if the world went into a serious recession? If gold & silver rise and fall with all other stocks.
 
No1joey said:
I knew silver would smash through A $32, last night it was at 31.60 up 2.5%, thought I bet when I wake up it will be heading to mid 32's...

So is this all just because Greece got bailed out ? A kind of revived optimism in the global markets because of the bailout?

If so how would gold & silver be a safe haven if the world went into a serious recession? If gold & silver rise and fall with all other stocks.


I think the prices of PM's are being manipulated and have been for sometime. Eventually this manipulation will be exposed and prices should skyrocket. This is a theory of mine and I am in the early stages of research on it.

How long this will last is anybody's guess. Might be long enough where I never see the "true" value of my stack.

I am going to create a new post to direct you guys tosome of the articles and videos that make me feel this way. I am sure it has been discussed on the forums before but it seems some info. gets buried as time passes.
 
No1joey said:
If so how would gold & silver be a safe haven if the world went into a serious recession? If gold & silver rise and fall with all other stocks.
Silver will drop with all other commodities (Gold not so much).

The key thing about them, is that they recover VERY well after.
 
norfedstacker said:
No1joey said:
I knew silver would smash through A $32, last night it was at 31.60 up 2.5%, thought I bet when I wake up it will be heading to mid 32's...

So is this all just because Greece got bailed out ? A kind of revived optimism in the global markets because of the bailout?

If so how would gold & silver be a safe haven if the world went into a serious recession? If gold & silver rise and fall with all other stocks.


I think the prices of PM's are being manipulated and have been for sometime. Eventually this manipulation will be exposed and prices should skyrocket. This is a theory of mine and I am in the early stages of research on it.

How long this will last is anybody's guess. Might be long enough where I never see the "true" value of my stack.

I am going to create a new post to direct you guys tosome of the articles and videos that make me feel this way. I am sure it has been discussed on the forums before but it seems some info. gets buried as time passes.

That certainly seems to be the general consensus at the moment. I'd like to see a few more impartial articles on it all.
 
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