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my thoughts on the current silver situation

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my thoughts on the current silver situation

Postby lance » Wed May 16, 2012 7:54 am

I think someone is controlling the price...hoping to scare people into not buying but selling their silver before it goes lower...im also talking physical silver...it will probably go lower and lower...but i still have alot of faith....silver will skyrocket and stay high sooner or later.
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Re: my thoughts on the current silver situation

Postby Country » Wed May 16, 2012 8:12 am

I think it's a 2008-like liquidation coming from Europe. Consolidation should appear soon.
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
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Re: my thoughts on the current silver situation

Postby lance » Wed May 16, 2012 8:37 am

Why is europe selling?
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Re: my thoughts on the current silver situation

Postby barrytrot » Wed May 16, 2012 8:55 am

lance wrote:Why is europe selling?


To buy food :)
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Re: my thoughts on the current silver situation

Postby franklin » Wed May 16, 2012 9:06 am

Seems to me it is tied to the current value of the dollar. Turmoil in Europe increases: value of our dollar increases: silver and gold 'value' decreases.
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Re: my thoughts on the current silver situation

Postby Ardent Listener » Wed May 16, 2012 9:09 am

All the commodities are down due to the world wide economic slowdown. Question is will it continue to get worse or start to come out of it relatively soon? I think you will start to see higher prices with optimistic news rather than negative economic news. Not what many may have been lead to believe for all these years. At least for now it is a new ball game.
All posts by the person known here as Ardent Listener are for your edification and amusement only and are not intended to provide investment, medical, legal, tax advice or any other advice or counsel and nothing posted here should be considered to be so.
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Re: my thoughts on the current silver situation

Postby justoneguy » Wed May 16, 2012 10:03 am

Ardent Listener wrote: Not what many may have been lead to believe for all these years. .

+1
We can ignore reality but we can’t ignore the consequences of ignoring reality.


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but first it's really going to piss you off.
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Re: my thoughts on the current silver situation

Postby SilverDragon72 » Wed May 16, 2012 11:31 am

More opportunities to buy!
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Re: my thoughts on the current silver situation

Postby neilgin1 » Wed May 16, 2012 11:38 am

barrytrot wrote:
lance wrote:Why is europe selling?


To buy food :)


+1000
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