Who likes SILVER?

quit being so thin skinned woop.

WSC - how many times do you think you need to post your "opinions" in this thread?  OK we got it... you think the PM are a bubble - or more correctly said... you would like us to believe that you think it's a bubble.

Thanks for your input.  Now I need to go buy more silver.

This is an open forum, tough crap fella..I can comment as much as I want.

You are angry, biased and invested in silver, gee I wonder if that might influence your position?

Calm down and quit being so defensive.

Dollar goes down, commodities go up.  Read "The Creature from Jekyll Island".  This is all you need to know to invest WISELY.  Follow the Fed and you can't help but increase your "paper" wealth.

 

I have to give Sportsfan some credit.  He is putting his money where his mouth is.  Wallstreet, if you think it's a bubble then why don't you short silver?  Put your money where your mouth is instead of throwing out opinions that really doesn't do anything.

 

You can't compare food to medium of exchange.  True that you need food to survive.  But in order to exchange goods, we need a medium of exchange in a civilized society.  Let's say that there's an economic collapese and you have all the food you want.  That's great.  But what would happen after a week or a month?  Let's say you need gas for your car.  But the person with gas don't want to trade it for food.  What if that person needs a blanket for warmth or ammuntions for his gun for protection? 

 

What if all your foods like your steak are spoiled after a week?  You would then need new fresh and clean food.  And you have a new pair of shoe to trade for food.  But noone wants your shoe.  What would you do then?

All you "excess liquidity" folks, the bulk of the deal has past, what is out going forward is MUCH less than what we already had.

So given that about 2/3 is already in the can, unless you think there is DRAMATICALLY more to come, what makes you think that commodities can keep running?

If you have been around bubbles or been employed in the market (which some of us have) you know that the market looks OUT, not right in front of their face, so we know what the FED is going to do and the front running is closer to being finished than started.

There are two scenarios in which commodities get smacked, both are very likely..both mean commodities retrace.

The first scenario is that we have a retrace in the economy or a complete drop, in that scenario commodities and risk players retreat.

The second scenario is the FED is finished with this batch and the market starts looking outward to what they do next, which might be nothing..if this "hyper inflation" happens (I dont see this as likely) then the FED will reverse course quickly and start moving rates up..that also will crush commodities and risk play.

The only scenario in which commodities keep going up is if the FED does more easing in addition to what they are currently doing.

Any comments are of course welcome, and I am not interested in hearing "Gold relative to silver" or "Gold standard coming back" as reasons, neither is plausible or applicable.

Fiat currencies have ALWAYS gone to zero.  The Fed must create inflation to pay for the debt service it currently owes.  Gold will always retain "value".  Silver will retain "value". 

Good luck

Define "value" value relative to what?

Me thinks long term charts and real "value" relative to things other than wampum say otherwise..in the very near term these commodities have done fine, but longer term the "value" has been non-existent

It is foolish to think that if your scenario regarding currencies always going to zero happens, that there is value to anything..gold included.

So the market looks out in that case why is Gold which is traditionally seen as an inflation hedge racking up its biggest gains in a decade when the most widely used measures of inflation have been stagnant? So lets just look at the bubble scenario If anything we may be reaching the mania stage of a bubble IE media attention.  I've yet to see Enthusiasm, Greed or Delusion heck most of my Gold stocks I bought 4 years ago are just showing profits now.  You used Oil as an example and when you chart the stocks versus the price it wasn't until the last two years of the rise that we began to see all Oil related stocks sky rocket.  

keep up the good fight wall

tell me the story again about when you spotted the RE bubble

I mean, you have this PM and commodities bubbles pegged so accurately and all

Damn you sounds dillusional... really.  I'm not angry at all - what would give you that impression.  I'm up about 50% on my bullion in LESS THAN A YEAR.  I'm a pig in shit right now.

You are the angry one, but feel free to spin how you feel, after its an open forum lol

You are embarrassing yourself... sometimes you need somebody to tell you before you realize it.

PM's are a bubble!!! PM's are a bubble LMAO

Hey big guy, tell me where I once said the bubble had popped? Please feel free to link specific details.

Ive said the exact opposite several times, that bubbles can go on and on..so feel free to bash me with specifics if you please.

I think WSC's message is to be careful... not sure why that is drawing so much negativity and offense

Alsnow,

If you have read back through my posts than either you are looking to bash me or are uneducated, either way give the bashing a rest.

I havent called commodities in general a bubble for years, you misread and are looking for something to bash me with...please go BACK and read what I said, you might find some actual information.

What I have said regarding bubbles is this..I felt for years that the US economy was due for a cyclical economic drop and it was artificially manipulated to extend the cycle..that is what I said regarding years of time.

Ive also said that oil was a speculative bubble, which it was..and the oil bubble continued for an extended period of time until IT popped, and the same will happen here with commodities.

You dont have to agree with what I say, but do not discredit me with misinformation and outright lies..and I suggest you stop with the stalking or bashing as it wont be tolerated here by anyone.

Bashing and stalking will get you boxed, me or anyone.

What does saying this is comparable to nano and stem cells, .com mean to you exactly? How do you draw a conclusion that it means anything other than a bubble? And how does me stating this mean that the bubble has popped?

Please explain..if you come at me with accusations and generalizations I will call you on it.

By value, I just mean a product for exchange.  Gold has ALWAYS had value and will ALWAYS have value.  BTW, I am not suggesting the dollar will go to zero anytime soon.  I will say at some point the US dollar will lose all value.  You can say commodities are in a bubble.  I will say commodities will continue to rise in "dollar" value as long as the Fed continues to throw billions into the system.  I do not have any of my investable dollars in cash, everything is currently invested in stocks and in commodities.  I do not have any bonds or bond mutual funds.  I trust the Fed will continue to create inflation and this will be good for commodities and for stocks. 

Good luck with your investments.

 

you have basically made my point for me. If the whole world collapses, things besides gold are going to be worth way more.

If i had food, clothing, guns, bullets, fuel, etc etc am certainly not going to trade them for gold bars.  Am gonna trade for other things that i need to live and gold bars wont be one of those things. 

The prospect of the entire economy collapsing makes for great imagination and movies, but it's simply not going to happen.

The USD can and will dissolve to ZERO.  This is all but fact.  The process and speed in which it goes to zero is debatable beyond religion. 

If it were to be a hyperinflationary event, of course there would be some degree of chaos in our world for some time.  But I have no fear that we would all be living in Mad Max type of society.  Although it would not be a good time to be an anti-gun activist.

Another currency would eventually step in and provide a market need in which the USD has failed.  In the time that transpires before that currency steps in, gold, silver, pre-64 coinage, and other means will serve just fine.

I really really REALLY highly doubt that we will ever see a time when an ounce of silver, or definitely an ounce of gold will be worthless because you cannot eat it.  Just my opinion.

But if you prefer to stockpile a currency that can be consumed... many survivalists believe that whiskey and cigarettes will be very tradable in tough times.  I plan to stockpile 'shine, but I seem to keep consuming my stocks =]

I am not a gold or silver bug but own both, and have for over a decade (and plan on owning more, consistently).

Wall: