Gold & Silver Rush?

[Silverfondler]

With the current upswing in Gold and Silver is it possible that we could see a Gold and Silver rush by the common folk (aka the Masses)? Which would in turn force the price even higher than expected for the current price cycle?

Just a thought.

[wheeler_dealer]

IMO. Common folks may move into pm's a little. Many who understand the market fluctuations may be gun shy ( I am) with fresh memories of the price crush from $48. down to current levels. I have read many articles of How JP Morgan has taken a strong physical position in silver . Now the manipulators can free up the price. I think big money is behind the upswing because Yellen is just like her boss and inflation is coming to America.

[beauanderos]

I think very few of the common masses can afford silver and gold. An upswing will occur, but the effect will be more due to the one percent beginning to convert their asset bases

[CardsNCoins]

I think very few of the common masses can afford silver and gold. An upswing will occur, but the effect will be more due to the one percent beginning to convert their asset bases

Maybe it's too early in the morning, but I first read those last 4 words as cover their bare asses.

[Rastatodd]

I think very few of the common masses can afford silver and gold. An upswing will occur, but the effect will be more due to the one percent beginning to convert their asset bases

Maybe it's too early in the morning, but I first read those last 4 words as cover their bare asses.

[Double3]

That doesn't happen till it gets to $1700 & $40/oz

[Silverfondler]

That doesn't happen till it gets to $1700 & $40/oz

What makes you say/think that?

[Gamecock]

If they didn't get in with $1900/$49 a couple years ago, then I don't see why they would get in now.

[thedrifter]

If they didn't get in with $1900/$49 a couple years ago, then I don't see why they would get in now.

Exactly. Why would they?

[silverflake]

The public always comes in late in any market. Smart money first, then momentum players (and on a bigger scale, institutional investors) then the sheep. They (I have too) always get left holding the bag. Now, I am not viewing silver and gold as an investment to be ridden up and sold off (and I don't think a lot of us are), but as the price gets into the stratosphere, the difference will be availability. Even if they want to buy it will it be there for them?

Of course we have a long ride to go. Keep stacking while you can.

[thesilvertiger]

I think very few of the common masses can afford silver and gold. An upswing will occur, but the effect will be more due to the one percent beginning to convert their asset bases

Maybe it's too early in the morning, but I first read those last 4 words as cover their bare asses.

Eventually you will be exactly right because paper will not cover those bare asses.

[Double3]

That doesn't happen till it gets to $1700 & $40/oz

What makes you say/think that?

Cause it was reported in the news back then.

Obviously some tried to jump in then.

[everything]

Gold rush started a couple years back, your in it. Check history, many have occurred before. This one is really no different, you got governments stacking, banks stacking, and gold is as popular as it ever was with the people? Silver, it stacks nicely too, just need more space is all. Gold & silver ETF's, major expansion over the last few years. No surprises, uptrend or bet it downtrend, it's not going to happen overnight.