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Captain Obvious

PostPosted: Sun Feb 27, 2011 12:04 pm
by silverguy0001
http://www.kitco.com/reports/KitcoNews2 ... tlook.html

Kitco has the worst writers IMO. I just like their price quotes.

Re: Captain Obvious

PostPosted: Sun Feb 27, 2011 12:17 pm
by blackrabbit
Yea, but there is the argument that silver will fall (at least in the short term) when the unrest continues spreading because the disruption to the rest of the economy will cause less industrial demand for the metal we love so much. Personally I am unsure because investment demand could make up for that. What do others think?

Re: Captain Obvious

PostPosted: Sun Feb 27, 2011 1:07 pm
by beauanderos
silverguy0001 wrote:http://www.kitco.com/reports/KitcoNews20110225DeC_metalsoutlook.html

Kitco has the worst writers IMO. I just like their price quotes.

Is Kitco a publicly traded company listed on the exchanges? Or does JPMorgan just own the controlling interest privately? 8-)

Re: Captain Obvious

PostPosted: Sun Feb 27, 2011 2:22 pm
by silverguy0001
blackrabbit wrote:Yea, but there is the argument that silver will fall (at least in the short term) when the unrest continues spreading because the disruption to the rest of the economy will cause less industrial demand for the metal we love so much. Personally I am unsure because investment demand could make up for that. What do others think?


I can see that happening, but I also feel that on the flip side this idea could be some conjured up propaganda by the blythe master to drive out silver investment.

Re: Captain Obvious

PostPosted: Sun Feb 27, 2011 2:22 pm
by silverguy0001
beauanderos wrote:
silverguy0001 wrote:http://www.kitco.com/reports/KitcoNews20110225DeC_metalsoutlook.html

Kitco has the worst writers IMO. I just like their price quotes.

Is Kitco a publicly traded company listed on the exchanges? Or does JPMorgan just own the controlling interest privately? 8-)


I have no idea. Probably just JPM propaganda arm?

Re: Captain Obvious

PostPosted: Sun Feb 27, 2011 7:09 pm
by 999Ni
i dont think the price of gold & silver is entirely dependent upon turmoil in the middle east.

there are and have been many other factors that have driven the price up, before the Egypt thing started.