Silver to rise soon to $150 / oz

Yippe-Ki-Ya said:
SilverLove said:
$150 would be nice, but if the cost of living goes up 5 fold in the mean time then its all still relative.

Why don't we take the $ out of the equation more, and see where silver is going in buying power in terms of real estate, stocks, fuel etc.

Instead of debating what the dollar price for the metal will be in future months or years, we should try and predict how many things it will buy us for X number of ounces.

I guess it's just human nature to think in dollars cause that's all we've been used to :D
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Thinking in dollar terms is for muppets ... and there are plenty around here
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What !!! thats a bit harsh ,Heres a pic of the last stackers meet

1033_diemuppets-originalfilm-soundtrack-2012.jpg


You should turn up at the next one i have a feeling you will blend right in :p:
 
The so-called rebounding Kangaroo economy of the US is great for small time PM investors. It's momentarily taken the investment focus off the PM market, time to stock the shelves. I think $25 is the pending low & then the breakout above $50 anyones guess from there.
 
SilverLove said:
$150 would be nice, but if the cost of living goes up 5 fold in the mean time then its all still relative.

Why don't we take the $ out of the equation more, and see where silver is going in buying power in terms of real estate, stocks, fuel etc.

Instead of debating what the dollar price for the metal will be in future months or years, we should try and predict how many things it will buy us for X number of ounces.

I guess it's just human nature to think in dollars cause that's all we've been used to :D
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Completely agree with this. It's funny what 'reserve' status can do for a currency but why should we value PM's (or any commodity) in an inflated and essentially worthless paper currency?

In any case, I think the paper price of PM's can no longer be considered an accurate indicator of the price at which people are willing to let go of their physical. I'm not saying the rocket-ride to the moon has already begun but even if the price drops further from where it is now, it just means more physical being moved from weak to strong hands.

It's going to be a bumpy ride but I'm looking forward to the day when it's possible to swap a stack of silver for some prime real estate :)

Nadim.
 
http://www.silverdoctors.com/german...ng-as-much-physical-silver-as-it-can-acquire/

Last month we posted a report (which subsequently went viral) from an Apple contractor who claimed that Apple has delayed production on the new 27 iMacs due to an industrial silver shortage in China.

New signs of an extremely tight wholesale physical silver market have now emerged, as a first-hand account has revealed that one of the largest and most famous German automakers is hoarding massive amounts of physical silver inside one of the most secure vaults in Zurich, Switzerland.

Financial writer Byron King, who viewed the massive German automaker's silver hoard in Zurich stated:
Why does the German company store dozens of pallets of silver in a secure vault deep in the mountains of Switzerland? It's simple, really. So that the metal is there when the car maker needs it. As one purchasing manager explained later in my travels, "For some metals, like silver, there's no such thing as 'just in time' delivery anymore."
In other words, this German company buys silver when it's available. In fact, the company buys as much as it can acquire. Then it stores and stockpiles the material in a vault in the mountains of Switzerland, right next to the pope's gold.

Ted Butler's long anticipated panic buying & stockpiling of physical silver by industrial users appears to be gaining momentum.
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Yeah, at the end of the day no one knows for sure 'till it happens! Hey, I'd love for it to be in a shortage with increasing demand :) I just don't count on it.
 
goldpelican said:
My money is on $15 silver before we see $150.

Unless its suddenly magically immune to volatility, manipulation, industrial downturns and investor irrationality.

If the market was rational and behaved exactly according to monetary supply, the silver graph would be a nice straight line up on a 12 degree incline.
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I agree. With all this insane money printing how can we not see a direct rise in PM? Can someone explain this?
 
TH3_L0STRALIAN said:
goldpelican said:
My money is on $15 silver before we see $150.

Unless its suddenly magically immune to volatility, manipulation, industrial downturns and investor irrationality.

If the market was rational and behaved exactly according to monetary supply, the silver graph would be a nice straight line up on a 12 degree incline.
Click to expand...

I agree. With all this insane money printing how can we not see a direct rise in PM? Can someone explain this?
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I dont think the amount of money they print has any bearing on the price of PMs anymore .They have printed mountains of money in the last 2 years & the price of metals has come down.. .IMO what used to be an indicator or guide doesnt apply lately
 
TH3_L0STRALIAN said:
goldpelican said:
My money is on $15 silver before we see $150.

Unless its suddenly magically immune to volatility, manipulation, industrial downturns and investor irrationality.

If the market was rational and behaved exactly according to monetary supply, the silver graph would be a nice straight line up on a 12 degree incline.
Click to expand...

I agree. With all this insane money printing how can we not see a direct rise in PM? Can someone explain this?
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LOL!!! love your sense of humour mate.... :lol:

I think i'll leave it to the boss to explain that conundrum!
 
renovator said:
TH3_L0STRALIAN said:
goldpelican said:
My money is on $15 silver before we see $150.

Unless its suddenly magically immune to volatility, manipulation, industrial downturns and investor irrationality.

If the market was rational and behaved exactly according to monetary supply, the silver graph would be a nice straight line up on a 12 degree incline.
Click to expand...

I agree. With all this insane money printing how can we not see a direct rise in PM? Can someone explain this?
Click to expand...
I dont think the amount of money they print has any bearing on the price of PMs anymore .They have printed mountains of money in the last 2 years & the price of metals has come down.. .IMO what used to be an indicator or guide doesnt apply lately
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lol! yeh like that's really logical... pull plenty more money out your arse and that money is suddenly worth MORE??

:lol:
 
If the countless billions are not circulating ( and they're really not) then it's perfectly logical that it has no effect.

Given time however inflation is a given, but it doesn't happen overnight as some think it should.
 
roman said:
If the countless billions are not circulating ( and they're really not) then it's perfectly logical that it has no effect.

Given time however inflation is a given, but it doesn't happen overnight as some think it should.
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Can you be sure it will start circulating. After all, most of us are betting our stacks that this will be the case.

What triggers the money to begin circulating?
 
It will spill out of the markets and bonds seeking safety, the smart ones will realize that the U.S $ is no longer safe.......
 
http://www.24hgold.com/english/news...rect=false&contributor=Stewart+Dougherty&mk=1

So while the explanation that precious metals prices are being artificially depressed to support the dollar sounds logical and patriotic, it has actually been a calculated and clever misdirection. In misdirection, observers are told to look to the left, while the real action takes place to the right. Another word for misdirection is "sting."
....

As we are taught by Occam's Razor, all things being equal, the simplest explanation is likely to be the truth. And when it comes to the bankster-controlled precious metals price fixing sting, the Razor cuts right to the core of the matter. The real reason for the persistent price rigging of precious metals prices is simple: Money. For the past 30+ years, the banksters have enjoyed an outright license to print profits in the metals markets, and they have leveraged that license to make tens, if not hundreds of billions of dollars in the process.
......

Bankster-orchestrated precious metals price rigging represents the longest-running public theft in history. It is 100% aided and abetted by the United States government and others, including Britain's. The legions of regulators in these jurisdictions, who have sworn oaths to enforce laws and prosecute fraud and who are clearly aware of the problem, have done precisely nothing to stop it. The only thing changing today is that the fraud is getting even more brazen, endemic and profitable.
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roman said:
If the countless billions are not circulating ( and they're really not) then it's perfectly logical that it has no effect.

Given time however inflation is a given, but it doesn't happen overnight as some think it should.
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then it's perfectly logical that it has no effect ...
no effect on what? noncirculating paper derivatives? :)

if I don't see freshly printed billion dollars it doesn't mean there's none ;)
 
systematic said:
The price of gold and silver can be seen as a reflection of loss of confidence in the fiat system.

I can see it now on the nightly news ... and now for finance ... gold is up and trading at $5,000 ....
now for the weather !!! :/

http://forums.silverstackers.com/uploads/331_break_in_transmission.jpg
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That gold trade above 5,000 $ is very likely to happen and I think these might be among the main causes of that happening:

1. rumours I heard: the Fed's auditors found 400+ tons of gold, over 20 times less than the US was believed to have
2. the Fed might not have the German gold, so either the Fed or Germany will start buying it back - this will propel gold's price higher!
3. BRICs buying a lot more, all 4 of them >>> higher prices!
4. the petrodollars will end, the dollar will crash, stackers and billionaires will stockpile gold

...and a variety of other reasons...
 
^^^ another one would be the comex saying for the first time..... "errr, sorry sir we'll have to fulfill your contract in cash, not gold"
 
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