ManAboutDallas

Silver Prices Are About to Fall

You'd be AMAZED at the number of so-called "educated Americans" who somehow, amazingly, still believe the world starts at the Statue of Liberty and ends at the Golden Gate Bridge.

China is still taking batting practice; for them, the game hasn't even begun.

For the U.S., the game is long-ago over, and the "team" is still on the field trying to figure out how they lost.


On Nov 07 09:15 AM Echute88 wrote:

> The guy who wrote..."Two words. Beijing put" is right on the money.
> China has advertised on TV for its citizens to invest in silver/gold.
> Mr. Goodman obviously knows nothing about Chinese culture or losing
> face. China WILL support/maintain the price of gold and silver at
> certain levels.....and trust me.....they won't let it go to $11 bucks
> and piss off the peasants.

Silver Prices Are About to Fall

The dollar carry trade is here to STAY for as long as the US$ is the currency equivalent of Charmin, and the Fed isn't about to stop the pre$$e$ now running at redline RPM, as the Sikorskis keep taking off from the Wizard Of Oz Memorial Heliport. The $ is the new Yen, and will be for the next 20 years, just as the Yen was for 20 years.


On Nov 05 12:27 PM doubleguns wrote:

> Rumors of a collapse of the dollar carry trade are starting and that
> will cause exactly what this article says. I love silver but if this
> starts to happen I suggest stops in your paper silver and wait patiently
> with an eagerness to back the truck up.
>
> Sometimes wishes do come true.
>
> Short term possibility, but long haul silver on a tear.

Silver Prices Are About to Fall

Buffett is buying railroads because they're going to be the most efficient way of moving what few goods there will be to move when diesel is $10 a gallon and still rising. He's not making any huge bet on the American economy, he's making a Hobson's Choice.


On Nov 05 02:31 PM Russell Upsomgrubb wrote:

> Warren Buffett is perhaps the most successful investor of all time
> and just bough Burlington Northern, making a huge bet going forward
> on the growth of the American economy over the next 5-10 years. If
> he is correct, I see the dollar strengthening over time. The consensus
> on Wall Street is so often wrong and the vast majority of traders
> are short the dollar. Buffett is an investor, not a trader. He believes
> in the long term creation of wealth, not trying to get rich overnight.
> Mark Faber, a doomsayer, claims the value of the dollar will eventually
> fall to zero. Gee, I'll bet he owns a lot of gold.

Silver Prices Are About to Fall

Sounds like 'ole Avery is about to get the Margin Call Of His Life on his silver shorts. That's why he's trying so desperately to convince himself - and, by extension, us readers - of something he doesn't really believe. Intellectual dishonesty is the first haven of panic.


On Nov 05 09:15 AM xearther wrote:

> Whenever I see an article begin with "don't get me wrong" the caution
> light glows bright. Same with that subtly manipulative word "clearly"
> (takk for not using it).
>
> "Lover of silver", eh? If that's true, then I think your article
> is a great example of the old phrase, "can't see the forest for the
> trees".
>
> Beyond fiat currencies, beyond discerning what's real and what's
> not (money-wise), besides the fact that they don't call him "Helicopter"
> for nothing... you did not mention the "elephant in the room": JPMorgan
> short 190 million ounces of COMEX silver futures.
>
> There is going to be a High Noon moment before this month is over
> with CFTC Commissioner Bart Chilton and Chairman Gary Gensler baring
> their six guns.
>
> Silver to $11? You're a funny guy, Mr. Goodman. A very funny guy.
>
>
> For those wishing to get a better view of the forest, I recommend
> a visit to the mind of Ted Butler: www.investmentrarities...

The Case for Dumping Dollars, Buying Gold

Yet another educated fool who knows the price of everything, and the value of nothing. I hope you at least repaid your parents the tuition they wasted on you.


On Oct 08 05:51 AM MJJP wrote:

> Can we have a moratorium on the gold pumpers? The average person
> on the street is not going to swap his/her CD'S IRA 401k and even
> cash for gold on any significant scale. First off someone would have
> to have millions of dollars in assests to even make a difference.
> Secondly it's a gamble at best. Gold is only valuable because someone
> says it is. The govt can again like in the 30's ban the ownership
> of gold and confiscate it. How safe is that? How safe is holding
> the real stuff when someone finds out you have it? How safe is the
> holding company for the gold if they decide to skip town ? When you
> buy the real stuff you pay a premium for it ( above its value) not
> counting shipping and insurance. When you sell it it's for less than
> value plus shipping and insurance. Now assuming someone did as you
> suggest and hold gold the only way to use day to day is to convert
> it back to WHAT? PAPER! Try buying bread and milk with real gold.
> Try paying to fill your gas tank using gold. Good luck with getting
> change.

The Case for Dumping Dollars, Buying Gold

"The case for dumping dollars, buying gold" was BACK AT $865 gold on April 19th, 2009. Nonetheless, I hope you had a simply wonderful summer vacation. Welcome back.