Who Here Believes in the Power of the SLA?

beardo

Well-Known Member
Sorros wants us to sell our silver, that means soon this will pass and the price will really rise.
 

beardo

Well-Known Member
It seems like kitco has good deals right now, because of the recent price drop....seems like a good time to stock up on 2011 ASE's
 

beardo

Well-Known Member
who will be the next to pump millions into buying phisacal? Buffet? Turner? Trump?
Soros, I should have expected it. I hear his fund is selling.....I'm willing to bet he is using the profits to invest in physical for himself while his fund sells paper and lowers the price.
 

NoDrama

Well-Known Member
The big shorts were losing hundreds of millions at a price above $40. They are piling on to pull the price down so they can purchase the physical so they do not default. Some people will poo poo silver because it is currently falling in price, but the smart ones are rejoicing for the opportunity to purchase at a lesser price.

Housing now "Officially" in a double dip. New jobless claims are 1/2 a million THIS WEEK. Farm Payroll out tomorrow, probably not going to be good.
 

beardo

Well-Known Member
The big shorts were losing hundreds of millions at a price above $40. They are piling on to pull the price down so they can purchase the physical so they do not default. Some people will poo poo silver because it is currently falling in price, but the smart ones are rejoicing for the opportunity to purchase at a lesser price.

Housing now "Officially" in a double dip. New jobless claims are 1/2 a million THIS WEEK. Farm Payroll out tomorrow, probably not going to be good.
Once they lower the price and buy physical will we then see the price pass 50$ so they can profit? or will the price of physical stay artificially low to feed industrial demand?
 

NoDrama

Well-Known Member
Ratio to gold is currently 42, I see it hitting 38 sometime this summer , silver will go up again. George Soros is not selling silver, he is selling paper so he can buy physical silver. Right now the physical price is still much higher than the spot.

Smart money plays the big trend, not the gyrations. What do Jim Rogers, Marc Faber, Peter Schiff, Doug Casey, and Warren Buffett have in common? None of them "traded" their way to riches. They identified the fundamental factors driving the trend, bought big, and held on. No technical analysis, no trend lines on a chart, no fancy signals from moving averages. And they didn't get scared out at the first drop in price!

Ever heard of sell in May and go away? Summer doldrums, wait for the fall.
 
Top