Ahhhhhh... Stocks down, silver up, that's tha way we like ta fuhh!
Ahhhhhh... Stocks down, silver up, that's tha way we like ta fuhh!
Closing in on $34, month to go before new years ......
35.85
Last edited by Shane Harris; 11-23-2012 at 01:14 PM.
32.72
Hey wait a dag gum minute......is this the OFFICIAL EOTY silver predictions thread?
Last edited by puppetmaster; 11-22-2012 at 12:18 AM.
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Well, at 32.72 , I would still feel pretty good about everything I bought from 8 -26 .Originally Posted by puppetmaster
It's irrelevant.
What is coming is not a meltup in price.
What is coming is a total deflationary collapse of liquity and bank reserves. When this happens, the banking system will be shut down. You will be locked out of your money market accounts for weeks, save for some scraps to enable SOME food purchases for the masses.
When the bank run is over, the value of most western paper will MUCH lower (as the banking reserves are re-established by fiat and massive devaluation) and the price of PM's will increase 5-10 (maybe more) fold over the course of the multi week long bank run.
If TPTB are smart they will relink money to gold through Basel capital requirements and the next leg of the bull market will be underway.
Holders of PM's will effectually garner YIELD through bank loans as their money is put to work.
Last edited by Seraphim; 11-22-2012 at 04:29 PM.
"Like an army falling, one by one by one" - Linkin Park
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