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Silver spiking today.

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  • << <i>

    << <i>Way overbought. Waiting for the blow off top, then a descent back down to the $7.50-$7.70 area. That would be a screaming buy point IMO. >>




    With physical demand outstripping production and a production cost of $8 to $8.50, I fail to see the logic in this statement. >>



    Dude, that was posted a while back. It was just wishful thinking on my part.
    I think single digit silver won't be seen again (if ever) for a long long time.
  • 7over87over8 Posts: 4,733 ✭✭✭
    aHHH, For a moment there thought you were an FC (Financial Consultant)
  • LanLordLanLord Posts: 11,724 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Way overbought. Waiting for the blow off top, then a descent back down to the $7.50-$7.70 area. That would be a screaming buy point IMO. >>

    With physical demand outstripping production and a production cost of $8 to $8.50, I fail to see the logic in this statement. >>

    Dude, that was posted a while back. It was just wishful thinking on my part. I think single digit silver won't be seen again (if ever) for a long long time. >>

    What HDude, you don't stand by your post of Nov. 28 of last year?image


  • << <i>

    << <i>

    << <i>

    << <i>Way overbought. Waiting for the blow off top, then a descent back down to the $7.50-$7.70 area. That would be a screaming buy point IMO. >>

    With physical demand outstripping production and a production cost of $8 to $8.50, I fail to see the logic in this statement. >>

    Dude, that was posted a while back. It was just wishful thinking on my part. I think single digit silver won't be seen again (if ever) for a long long time. >>

    What HDude, you don't stand by your post of Nov. 28 of last year?image >>



    I've been as bullish as anyone on silver the last few years, but no way did I think we'd be near $13 by now.
    The price rise from late last year has absolutely made my jaw drop.

    I guess Ted Butler knew what he was talking about.
  • BearBear Posts: 18,953 ✭✭✭
    Never under estimate the governments ability or willingness,

    to change the rules of the game, for the governments advantage.

    All government statistics have been and are being ,manipulated to undertate

    unemployment and understate inflation. The GNP is being overstated to make

    the pig look more like a silk purse. Enjoy the rally boys, we will be waiting here

    to greet you all , on the way down.
    There once was a place called
    Camelotimage

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