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Old 02-07-2013, 18:51   #1
Glocksanity
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All aboard the silver train...

It just might be leaving the station for good. The mass suppression of silver prices, which inevitably must end, could be starting their rocket launch this month.
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Old 02-07-2013, 18:59   #2
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Why??
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Old 02-07-2013, 19:46   #3
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what Dennis said. do tell.
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Old 02-07-2013, 19:51   #4
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Why??
The reptilians have decided that the earth changes are going to wreck planet earth and it is no longer necessary to keep the US Dollar artificially alive by suppressing precious metals, so it is time to let them soar.

Also, silver is a valuable commodity that will be needed for extra-terrestrial technology to save the few, so by unleashing the price, the market can fully allocate the silver where it needs to go.

How about that for the silver train!
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Old 02-07-2013, 19:53   #5
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The reptilians have decided that the earth changes are going to wreck planet earth and it is no longer necessary to keep the US Dollar artificially alive by suppressing precious metals, so it is time to let them soar...


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Old 02-07-2013, 19:53   #6
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I sure hope so...

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Old 02-07-2013, 19:59   #7
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Quote:
Originally Posted by Dennis in MA View Post
Why??
A better question would by why hasn't it left the station before now?

It's a industrial metal as well as real money. It is used up faster than it is produced.

Manipulation has kept the price low for so long that no recycling is taking place - most of the silver ever mined is in land fills.

I recently read: "noted silver expert Ted Butler estimates that global stockpiles of silver plunged from approximately 6 billion ounces to somewhere around (below?) 1 billion ounces."

Big investors are starting to realize that the price of silver is manipulated through massive short positions - these investors are starting to take on the shorts (JPM, etal).

I like silver - I wonder what would happen to the S&P 500 if the FED were not forcing interest rates to near zero and pumping $1Trillion/year into **** housing loans and Treasuries that nobody else will buy?

Again - Why not?
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Old 02-07-2013, 20:05   #8
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As I understand it, since Bible times up until the Hunt crises, silver has been valued at about one to fifteen verse gold. So it's about time for an adjustment IMO.

But what do I know?
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Old 02-07-2013, 20:33   #9
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I sure hope so...

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Let's say it goes up to $111/oz, roughly that 15to1 ratio. Will you sell any of it?
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Old 02-07-2013, 20:36   #10
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Let's say it goes up to $111/oz, roughly that 15to1 ratio. Will you sell any of it?
If silver is allowed to fly, expect gold to get a bump as well. Not a big but something. I'm spitballing here but I'd expect to see $100-150/oz jump on gold if silver is let loose.
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Old 02-07-2013, 21:44   #11
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Let's say it goes up to $111/oz, roughly that 15to1 ratio. Will you sell any of it?
Maybe 1/4 ... My collection has grown quite a bit since I took that pic. I'm at 400+ oz's
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Old 02-07-2013, 22:17   #12
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I'm only at around 15oz of silver :(
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Old 02-08-2013, 08:01   #13
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Palladium
(of course gold, silver, platinum, and palladium are all down so far today after early week spikes)
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Old 02-08-2013, 08:15   #14
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...I wonder what would happen to the S&P 500 if the FED were not forcing interest rates to near zero and pumping $1Trillion/year into **** housing loans and Treasuries that nobody else will buy?
...

You KNOW you aren't supposed to ask such questions.
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Old 02-08-2013, 08:26   #15
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I just talked to a couple brokers. They are offering Silver EFT shares in companies like SLV and a few others. These are supposedly set up as an investment in the amount of silver a company owns. I am not too familiar with that type of deal and think I would rather have physical silver in hand.

My biggest question is how and where to sell it when the time comes. I can get a pretty good deal on silver thru T. Rowe Price shipped to the house. I am looking for a long term investment on this with the expectation of holding it 4-5 years or unless the value triples of course! haha.
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Old 02-08-2013, 08:30   #16
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I sure hope so...
For sure.


Quote:
Let's say it goes up to $111/oz, roughly that 15to1 ratio. Will you sell any of it?
Probably wouldn't trade the Silver for paper money.
You can't eat paper money.

I look at Silver as being a part of a survival plan, along with guns, ammo , food, etc.


I use to keep some Silver handy so when I was killed my Wife would have some money immediately available.




As a side note. After seeing just how little people plan ahead, as shown by shooters having no ammo stored for a shortage, I figure they have nothing else, like Silver, put up for hard times.
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Old 02-08-2013, 08:59   #17
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I sure hope so...

The Okie Corral
I sure hope that's only a teaser. You better have a whole lot more than that. LOL
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Old 02-08-2013, 11:37   #18
Dennis in MA
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For sure.



Probably wouldn't trade the Silver for paper money.
You can't eat paper money.

I look at Silver as being a part of a survival plan, along with guns, ammo , food, etc.


I use to keep some Silver handy so when I was killed my Wife would have some money immediately available.




As a side note. After seeing just how little people plan ahead, as shown by shooters having no ammo stored for a shortage, I figure they have nothing else, like Silver, put up for hard times.
Yeah. You can eat silver, but eventually, you turn blue.
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Old 02-08-2013, 11:53   #19
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Simple, silver has historically tracked at a ratio of 15:1 with gold. The last decade or so that has not been the case. I am trying to recall the economist that I heard this from, but essentially he was saying that sometime between 2012-2014 silver should adjust accordingly. It's been artificially depressed (no I don't know why, but I have heard this several times from several different economists) and it was simply a matter of time before either gold corrected down or silver corrected up.
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Old 02-08-2013, 11:55   #20
Dennis in MA
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What if silver is fairly priced and gold drops?
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Old 02-08-2013, 12:08   #21
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What if silver is fairly priced and gold drops?
You mean, like if people question why they are putting so much value on shiny metals?
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Old 02-08-2013, 12:10   #22
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The awakening is upon us. Let's hope the dumbmasses don't find out.
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Old 02-08-2013, 12:11   #23
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I just talked to a couple brokers. They are offering Silver EFT shares in companies like SLV and a few others. These are supposedly set up as an investment in the amount of silver a company owns. I am not too familiar with that type of deal and think I would rather have physical silver in hand.

My biggest question is how and where to sell it when the time comes. I can get a pretty good deal on silver thru T. Rowe Price shipped to the house. I am looking for a long term investment on this with the expectation of holding it 4-5 years or unless the value triples of course! haha.

Here in Florida they just busted a bunch of 'dealers' for lack of a better description for selling paper shares of gold as opposed to actual gold. I don't know the specifics but I guess the powers to be determined it was illegal to sell a paper that represents or says its the same as gold and you own that much in gold value. All this is above my head so do your own research.


/
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Old 02-08-2013, 12:32   #24
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You mean, like if people question why they are putting so much value on shiny metals?
Because that shiny metal is rare and has been used as a currency for a couple thousand years.
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Old 02-08-2013, 12:52   #25
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You KNOW you aren't supposed to ask such questions.
What would happen?
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