Haggai 2:8
Member
[youtube]http://www.youtube.com/watch?v=GOZgoCew4v8[/youtube]
auspm said:I've been on similar thinking terms as well.
The paper market manipulators are (essentially) doing us all a favour keeping the price low.
Oh they don't do it with any noble intent for the low feeding scum I don't doubt, but it IS a fortunate by product of their rampant manipulation that we can all benefit from it in this short, brief window of opportunity.
The longer they stretch this out, the bigger the snap once the market crumbles and considering the nature of physical silver (in how it's consumed, rather than hoarded), the inevitable rush to physical will dismantle what's left of the paper market in the long term.
The fundamentals scream much, much higher prices than we see today so whilst those fraudulent bankers are undermining the physical to cash in on the paper scam (just like fiat when you think about it), as long as your head is screwed on straight and you can see the inevitable conclusion, you can lock away your physical now and breath a sigh of relief that another day has presented another buy opportunity.
I personally don't doubt at all that in the long term you won't get silver at any price and all roads will ultimately lead to gold. But by then, it'll be too late for Johnny come lately to take a position worth a damn.
I like Mike's perspective as he's a historian and fundamentalist (much like myself), so I agree with him completely that if the big bad wolf is holding the window open for us to get out of paper and into money, you'd be a fool to not take the opportunity.
In the long run, every ounce will count. Load up whilst you still can.
auspm said:I've been on similar thinking terms as well.
The paper market manipulators are (essentially) doing us all a favour keeping the price low.
Oh they don't do it with any noble intent for the low feeding scum I don't doubt, but it IS a fortunate by product of their rampant manipulation that we can all benefit from it in this short, brief window of opportunity.
The longer they stretch this out, the bigger the snap once the market crumbles and considering the nature of physical silver (in how it's consumed, rather than hoarded), the inevitable rush to physical will dismantle what's left of the paper market in the long term.
The fundamentals scream much, much higher prices than we see today so whilst those fraudulent bankers are undermining the physical to cash in on the paper scam (just like fiat when you think about it), as long as your head is screwed on straight and you can see the inevitable conclusion, you can lock away your physical now and breath a sigh of relief that another day has presented another buy opportunity.
I personally don't doubt at all that in the long term you won't get silver at any price and all roads will ultimately lead to gold. But by then, it'll be too late for Johnny come lately to take a position worth a damn.
I like Mike's perspective as he's a historian and fundamentalist (much like myself), so I agree with him completely that if the big bad wolf is holding the window open for us to get out of paper and into money, you'd be a fool to not take the opportunity.
In the long run, every ounce will count. Load up whilst you still can.
grinners said:AusPM what % do you recomend of 'investment portforilio including cash' should be in PM's?
auspm said:I have a deep seated, cynical mistrust of any market reliant on 3rd parties to maintain wealth or realise profits.
Ernster said:I'm 99% all in Silver.
I never planned to be.
It just happened :/
Ernster said:I'm 99% all in Silver.
I never planned to be.
It just happened :/
auspm said:I personally don't doubt at all that in the long term you won't get silver at any price and all roads will ultimately lead to gold.