errol43 said:
It will be interesting to see what Captain Turk has to say about this video.
The video basically contains three things: Information, Interpretation and Projections.
Information
Mr Christian is very well informed about historic silver details, past price movements, and today's major players. He has a broad knowledge of all things silver and I doubt we could fault his historic data.
Interpretations
His is considered by many to be a silver bear, and dollar bull, so let's look at his 'associations' (taken from his cpmgroup.com website)
"Mr. Christian also is considered one of the world's premier authorities on commodities derivatives, both for hedging and investment purposes. He has worked with governments and organizations such as the United Nations, World Bank, International Finance Corporation, and International Monetary Fund, as well as with many of the world's largest and most prominent mining companies, industrial companies, investment banks, and institutional and individual investors."
No red flags! He's pretty well connected with all the major power elite (dollar bulls). These people put food on his table. If his reports disagree with their agenda do you think they will continue to sponsor him? There might be a conflict of interest here.
Projections
Let's look at some of his statements:
"We hold to a more sanguine economic outlook over the next few years than most people have." (05:23)
"We call it 'muddle through'..."
"We use IMF projection data as a base..."
"We see a "dollar upward bias", "reduction in unemployment", "reducing debt"
"We place no stock in the GSR"
"We see silver "trading in a $20-$30 range".
"We have seen a peak in silver prices and it will trend lower"
(and the last four or five minutes are a "must listen"!)
He never explains the basis of his green shoots economic 'optimism'. The global economy is going to be irretrievably shattered later this year by his trustworthy 'sponsors' (via the derivatives he understands so well), yet he obviously hasn't heard a word about it!
Instead he sees a rosy growing economy with a chicken in every pot!
I'm sorry to pop his bubble (ok bad metaphor!) but the US dollar is going to collapse before Christmas, there's a major war coming, oil prices are going to rise, QE3 is coming, unemployment is going to rise dramatically, debt is going to explode (because Uncle Ben can print faster than John Doe can 'deleverage') and the price of gold and silver are going to go wild.
I'm sorry Jeff, but the elite aren't buying millions of ounces of silver in order to waste their money!
Or are you calling your sponsors idiots?
I guess I find it hard to believe that the intelligent and very well informed Mr C, surrounded by so many elite friends, could really be so naive and uninformed...
http://forums.silverstackers.com/uploads/910_trickle_down.jpg