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Silver on Fox News

PostPosted: Wed Jul 18, 2012 1:07 pm
by CtrlAltBernanke
So this is the second day in a row that I have seen silver commercials on Fox News from two different companies. I often thought that it was a better buy to purchase gold before you saw all the commercials everywhere because all the big buyers did their thing, purchased what they needed, and powers that be advertised gold so their positions would continue to be strong. I'm thinking that if these silver commercials continue that the same thing will happen for this PM. If Glenn Beck and all the other propagandists start pushing silver over the next few months, I can fully see silver taking off. Any thoughts?

Re: Silver on Fox News

PostPosted: Wed Jul 18, 2012 2:22 pm
by Morsecode
Ok, as soon as I started to reply to this post, an ad by American Gold came over the radio. It was loud and urgent.

It's been my experience this usually means the market has already topped out.

Re: Silver on Fox News

PostPosted: Wed Jul 18, 2012 2:47 pm
by CtrlAltBernanke
Agreed. It's loud and urgent for the people who have serious holding in gold.

Re: Silver on Fox News

PostPosted: Wed Jul 18, 2012 3:14 pm
by Jonflyfish
They are selling all of their gold to me. Quick, it's urgent!!!! :lol:

Re: Silver on Fox News

PostPosted: Wed Jul 18, 2012 6:20 pm
by everything
Silver might take off, but it will fall again, that is unless industrial demand rises significantly. China will probably use silver like they did copper as collateral, that is until it's coming out of their ears. Commercials means someone is making money selling silver & gold.