Ag $140 by the end of 2012?....dreaming, I think.
DoubleEagle59
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"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
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"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Loves me some shiny!
I won't pretend to know where silver is going (other than up, down, up, down, sideways, up, and then down again ), but I bet we see prices clear $50 finally...
Yeah, $75 works for me.
does this made credible sense to anyone here????
not to mention that inflation would be going ballistic.
where do i line up to collect on this virtual guarantee??
if you turn his charts sideways and look in a mirror......................
The cartel still has the capacity to crash silver using paper. Should we approach $45 again they will strike again.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
<< <i>I believe even $75 is unrealistic.
The cartel still has the capacity to crash silver using paper. Should we approach $45 again they will strike again. >>
$140 silver will take a currency meltdown or physical shortage and I seriously doubt either will happen this year so IMHO there is no chance silver will hit $140 this year.
As for the cartel I thought the CTFC was investigating the massive naked shorts in PM's. Did I miss an anouncement that the CTFC determined the cartel could continue naked shorting to infinity?
I do believe that before this bull run has peaked in PM's silver will hit $100. I also think that at some point in the future silver will hit $140 or more but this will be due to a physical shortage of silver not a currency collapse.
<< <i>I believe even $75 is unrealistic.
The cartel still has the capacity to crash silver using paper. Should we approach $45 again they will strike again. >>
Their recent weapon of choice is margin requirement hikes via CME rule changes that usually appear right after a nice dip so they can twist the knife. Those who have been both stabbed and suffer additional pain from the twisting of the knife are hesitant to get back in and are removed from further demand. The day is coming when price manipulation will be heavily dilluted by stronger physical and weaker paper demand. Each time they shake the tree, less physical holders are hitting the ground. But yes, they remain a threat to the "real" price.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
By the end of January the market will probably in correction mode. The current summer to fall rally will probably carry into December, but not much further. Moolman is
a raving silver bull. There's no "cold" for him.
<< <i>I just dont see it, at 50 bucks it would be a massive sell off due to fear that a another major correction is coming quick. >>
<< <i>"I'm sticking with at least $75 sometime during the year."
Yeah, $75 works for me. >>
it works for me as well. $140 just dont cut it ( ya never know but just the same )
Some guesses way off...and they are nothing more than guesses, or hopes/dreams!
Wishfull thinking for sure.
<< <i>If silver hits $140 gas will cost at least $10/gallon. ...Even though most everyone here would do very well (heck some here would be able to retire), I sure hope no one is praying for $140 silver as America would be an awful place to live.
>>
no evidence for this whatsoever...
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