Commodities bubble?

[John_doe]

There has been some major price corrections the past few days in the silver markets. Is anyone else thinking that the bottom could fall out of it, or is that just me?

I've been saying this for quite some time now, and with some major catylist events I'm really thinking it COULD happen.

[goldteam]

It will drop to about 35 and go above 50 by years end in my opinion.

This is nothing but short sellers flooding the paper to cover their azzez.

It's actually kind of funny how desparate they are.

Silver dropped 6 dollars in 2 minutes due to normal circumstances I'm sure.

[highroller4321]

This is a good read. http://www.kitco.com/reports/KitcoNews2 ... JW_am.html


Normally when there is a bubble everyone is talking and hyping about it. With silver there isn't/hasn't been a lot of hype about it.

[moneydog]

cme raised margin req 3 times lately there screwing with the market

[John_doe]

This is a good read. http://www.kitco.com/reports/KitcoNews2 ... JW_am.html


Normally when there is a bubble everyone is talking and hyping about it. With silver there isn't/hasn't been a lot of hype about it.

I'm not trying to be negative, but the market will fall out at some point. I think there is a bubble, and I also think a lot of people will be upset when it bursts. I am obviously preaching to the choir on a commodities forum (I own commodities myself), just food for thought.

[John_doe]

I think the panic buyers and short term investors are about to have a fit.

[Sheikh_yer_Bu'Tay]

I think the panic buyers and short term investors are about to have a fit.

I think this is just Crimex' response to the "crash JP Morgue" crowd. I have read Bligh paid up to 50% premiums to get people to take cash instead of delivery. They are hemmoraging cash badly and had to do something. The new margins are just damage control.

It doesn't matter. They could not deliver anyway. I think we will be above $50 before years' end.

[highroller4321]

This is a good read. http://www.kitco.com/reports/KitcoNews2 ... JW_am.html


Normally when there is a bubble everyone is talking and hyping about it. With silver there isn't/hasn't been a lot of hype about it.

I'm not trying to be negative, but the market will fall out at some point. I think there is a bubble, and I also think a lot of people will be upset when it bursts. I am obviously preaching to the choir on a commodities forum (I own commodities myself), just food for thought.

You are simply sharing your opinion so thats not being negative.

I believe this is also a main reason why silver has dropped so fast.

http://goldandsilverblog.com/comex-incr ... week-0231/

[John_doe]

I'm still holding some silver (what I cleared out for free), but I won't be buying until all the ruckus is over. With every commodities boom always comes an abrupt falling out. I'm still very bullish on copper, and actually might sell silver to buy even more.

[John_doe]

However, I hope you all are right.

[psi]

I fully expect a burst bubble scenario with prices eventually, I just don't think that's what's happening now. I would expect a peak price much closer to an inflation-adjusted 1980 peak, nearing the over 30-year old nominal peak price is not what I would consider "dizzying heights". Not actually having that much silver, it wouldn't bother me much if prices went low again and stayed low for an extended period, but the "big" peak and subsequent big crash won't happen until everyone and their brother jumps on the bandwagon first. A dip like this is a perfect time for a lot of those bandwagon types to get on board.

[John_doe]

I fully expect a burst bubble scenario with prices eventually, I just don't think that's what's happening now. I would expect a peak price much closer to an inflation-adjusted 1980 peak, nearing the over 30-year old nominal peak price is not what I would consider "dizzying heights". Not actually having that much silver, it wouldn't bother me much if prices went low again and stayed low for an extended period, but the "big" peak and subsequent big crash won't happen until everyone and their brother jumps on the bandwagon first. A dip like this is a perfect time for a lot of those bandwagon types to get on board.

There are several high end positions in the silver market, if one of those positions has a selloff the bottom will fall out.

[TwoPenniesEarned]

If the bottom falls out of real money relative to paper money, I'll just back up the truck, load up and wait. Not so often that you can buy money on sale.

[Derek.Sheriff]

Here's a great podcast from yesterday on this subject:

http://www.thesurvivalpodcast.com/futur ... investment

[John_doe]

If the bottom falls out of real money relative to paper money, I'll just back up the truck, load up and wait. Not so often that you can buy money on sale.

Same here.

[John_doe]

I'm not bullish on silver or gold anymore though, the higher the price goes the higher the risk. I'll be trading in the gold/silver markets, but buying copper and paper stocks until the market hits equillibrium.