I take common sense for what it is, regardless of who's selling what (as if no one who ever sold anything didn't need to dish grains of salt with his spiel for lack of integrity).
Just because the central bankers utilize every weapon in their arsenal, legal or not, to suppress a commodity, especially gold and silver, doesn't mean that Murphy's prediction of $3k was malicious in any way. 350% profit in 2 years means he was right and way the hell more right than any wall street stock tout.
Zippy rolled his eyes back then as well, passed on and pissed on PMs and made nothing. Meanwhile, CBs and billionaires are gobbling PMs up at a rate that's double last year, like they know something Zippy doesn't, and they probably do.
Fuck the salt, gimme the gold... and quick.
Precious Metals Explosions. Another PM forum I frequent commonly refers to it as "to da moon!". I love the idea that it could happen but in reality I don't think it will to the level where stackers are suddenly millionaires overnight. That would be too many people thrust to the same staus as the elite that control and manipulate these PM prices.
I keep on stacking. Buy the dips. Hedge against inflation as best as I can.
too many people? not many stack.... tho i guess even +1 person would be too many for those in charge
I have a helluva lot of salt , and I do not even use it .....
Gold and silver both finish August on several month highs. Will it keep going as the article suggests?
Yes , I think it will keep going as long a the debt clock is set to roll to 25 trillion in 2015 and there is no serious cuts , or work on the unfunded liabilities. The paper will one day be worthless , question is when , no place for metals to go but up....
Last edited by oyarde; 09-01-2012 at 01:52 PM.
PM price explosion is synonymous to saying a dollar collapse. History tells us it's coming, and very soon.
Starting to make that Meryl Lynch report from earlier this year on $2000 gold by year end look credible....
At this point , I even am starting to like copper
I've been saving copper pennies (pre-1982) for many months now. Also save all my nickels.
Originally Posted by oyarde
Check your change for silver dimes too. Last year I got two silver dimes as part of my change from McDonalds.