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  • Will Yellen Move The Price Of SLV? [View article]
    You can't be all bad Trendless! You understand that "Banker" is the worst swear word there is!

    The trouble when people speak of one feature of a fundamental or another is that they are small pieces of the puzzle. The easiest thing to understand is, because of inflation, the cost of extracting raw materials is more than what people can get for it. No big brain needed there. At some point they will be resuming their moves to highs, its typically cyclical. So accumulating is smart. Expecting any time frame is not since supply driven bull trends in these sectors can take a long time. There still are mining companies who are profitable at these price levels and will supply forever. But no new ones are coming into the picture virtually and many others are being driven out, those that need higher metal prices. So it will come for certain.

    Demand bull runs are quick and immediate however. So when you see that, get bullish and pick up a few thousand ounces!

    The economy is horrifically weak and this will play out in the big picture also.
    Feb 26, 2015. 12:46 AM | Likes Like |Link to Comment
  • Will Yellen Move The Price Of SLV? [View article]
    No one is more biased than you Trendless? Where does your visceral hatred of gold come from? Are you a banker?

    If your technology has changed the game narrative is true, then 1. Why is gold production down rather than up 1000% because of this miracle technology? 2. Are you implying that "gold hawkers" buying and selling is what moves the market rather than world central banks, traders and other such things?

    Thanks for your good luck, I'm accumulating! The next time it hits a new high I will light a candle in your honor!
    Feb 24, 2015. 05:20 PM | Likes Like |Link to Comment
  • Will Yellen Move The Price Of SLV? [View article]
    Comex Funny Money, if someone told you what the price of silver were going to be 22 months from now it would be as useful of information as what you can get at the zoo counting the times the monkey moves. No one can know such things, there are so many complex factors you would have to know absolutely. Markets are extremely complex.

    I want to win the prize you are offering though so:
    6 months 25.44 12months, 38.19, 21 months 117.63.

    You won't welch now will you?
    Feb 24, 2015. 01:27 PM | Likes Like |Link to Comment
  • Will Yellen Move The Price Of SLV? [View article]
    Trendless, the most obvious, the most impactful is their action in the bond market. There is no longer a market for interest rates because the Fed purchases US bonds to the degree needed. You don't really think the world loves our interest rates so much that they are buying everything in sight?

    With the quasi entities Freddie and Fanny we no longer have a private mortgage market either. With the money the Fed gives the banks many of them are no longer finding it important to lend. They just get free money from the Fed. I could go on a long long time but better would be for me to ask "Want me to Google that for you?"

    The reaction to people waking up to the extreme distortions in markets the Fed has been creating they obfuscate and hide information, I am sure they are not done doing that in greater degrees. First they stopped reporting M3 and now at the Cleveland Feds redesigned web site they are hiding more data, in a gradual and slowly evolving way.

    Of course transparency is the ultimate nightmare to this entity, "Don't audit the Fed, it will crash everything" they say. Har har har! No kidding!
    Feb 24, 2015. 01:22 PM | Likes Like |Link to Comment
  • Will Yellen Move The Price Of SLV? [View article]
    The Fed will talk about rate hikes but you don't want to see what conditions will actually make them raise rates. I remember Bernanke promising us rates would start to rise again in the beginning of 2014, and he said that a couple of years prior. It was the beginning of the forever mouth fake. Right now the Fed is using the printing press to control markets but there will be a time in the future when we have hell to pay for this reckless policy. You will never see rates above 6% in your lifetime. Unless craziness breaks loose!
    Feb 23, 2015. 10:17 PM | 4 Likes Like |Link to Comment
  • The U.S. Economy's Recovery Weighs On SLV [View article]
    One would really have to fall for government data to even say the words recovery without a sneer of deep sarcasm. With jobs NOT plentiful, the sophistry in changing how this data is computed being a strong indicator, and wages stagnate to this degree with consumer prices rising even with commodities under pressure, disaster more fits the description.

    If the Fed thinks this "recovery" can allow interest rates to rise from these severe emergency levels then why don't they do it now? Why promise with their mouths what they are afraid to deliver? The answer is, they know the economy is built around their money printing and could ill afford to be without it.

    Silver is contained but not for the reasons you state here .

    Good luck to you, Lior.
    Jan 5, 2015. 04:39 PM | 5 Likes Like |Link to Comment
  • Low Inflation And Higher Growth Keep GLD Down [View article]
    Why do you say low inflation? Does indexes hitting new highs with extremely bloated prices mean nothing? Do real costs of living mean nothing?

    I fear you have succumbed to banker propaganda unless of course you have joined them.

    Narratives are bad to trade on because of all the stories we are missing.

    Gold slowly coming down? How much (about) in what time frame? Will you publicly recant if it goes up for the next year?

    Good luck to you Lior! I hope you make lots of money!
    Dec 26, 2014. 04:12 PM | 6 Likes Like |Link to Comment
  • Is The iShares Silver Trust ETF About To Change Course? [View article]
    I think the Fed is always trying to move markets with their mouth, they try to accomplish what they want without spending the currency of action. This is what I think they are doing by hinting at rate hikes. I think we will NEVER see 5% + interest rates ever again until the currency breaks. This is how I am playing it with my money.

    What does everyone think about TLT hitting all time highs? Does this not imply something ominous? Would this be the way it would look before the Fed would be poking around with rate increases? They are getting the bonds bought, and whether this QE is coming on the backs of the Japanese, hidden offshore purchasing or whatever, is irrelevant. They are in deep trouble, as we Americans are. I don't relish seeing where this ends up.
    Dec 16, 2014. 03:32 PM | 1 Like Like |Link to Comment
  • Is The iShares Silver Trust ETF About To Change Course? [View article]
    My message disappeared! I repeat it here: The Fed raising rates? One would have to be insane to think they can do it with the current conditions.

    It is also strange to invest money based on what you think people are going to do in the future even though for years they have not done it and conditions do not make it easy for them to do it.

    TLT does not lie.
    Dec 16, 2014. 01:12 PM | Likes Like |Link to Comment
  • Is The iShares Silver Trust ETF About To Change Course? [View article]
    Rate hike? Are you mad?
    Dec 16, 2014. 12:37 AM | 1 Like Like |Link to Comment
  • GLD: Please Do Not Overreact - Part 1 [View article]

    Your brief history of paper currency does little to make it appealing, it is just dust without the governments police and military might to force people to use it. The western world might take 500 years to figure out that currency is best used as insulation in the attic or as door stops.

    Gold has always been money and always will be. The slippage in currency never abates and this is a law of the universe virtually. If you like paper currency I have some bills of my Steve currency and would like to trade them with you for your things you own.

    Your assumptions about renewable energy show you need to study these better. They are NOT decent replacements for fossil fuels, the subsidies on them more than clarify that.

    Remember that the majority of the oil which is used now was discovered in the 50s and 60s and based on the water returns all of them are beyond the 70 percent used up mark or worse. Ghawar, the largest field in the world has its larger half, the northern half, flooded in water from the returns. Oil is going to turn nasty and they have yet to put wind mills on airplanes to to power them up.

    I tell you these things because I wish for your financial success. Buy Oil related things on this weakness and buy gold and silver. You will thank me later.

    Good luck to you!
    Dec 9, 2014. 01:51 PM | 1 Like Like |Link to Comment
  • Through The Looking Glass: Whiting Trust II In The Land Of $75 Oil [View article]
    Good information Gary. If one assumes oil will not only climb into the 100 region again but actually go to new highs, would UOIL be better or worse in that scenario?

    Dec 2, 2014. 02:48 PM | Likes Like |Link to Comment
  • GLD Continues To Lose Its Appeal [View article]
    These bearish gold comments are very helpful in making one go long gold. Thanks JohnnyM and the rest of you! Its appreciated!

    Of course buy low and sell high don't seem to appeal to some people. Markets can absorb infinite numbers of buy high and sell low individuals!
    Dec 2, 2014. 02:23 AM | Likes Like |Link to Comment
  • GLD Continues To Lose Its Appeal [View article]
    There is an awful lot of talk about rates going up, for years now. I will believe it when I see it. The printing show just keeps rolling along. As prices rise in most things, it is clear what is really going on.

    Should gold drop further after the mountains of currency the central banks around the world have printed? Anything can happen but for that to happen, absurdity would have to be magnified even further.

    I think patience is in order here. Unless cancer appears, we have a lot of time.
    Nov 27, 2014. 05:00 AM | 5 Likes Like |Link to Comment
  • GLD: Please Do Not Overreact - Part 1 [View article]
    Lucas, you can't be serious! Har har har! Of all the corny predictions, yours is the corniest of all! Of course it couldn't happen, mining the stuff is not very profitable at these prices.

    I get the feeling you don't really understand the amounts of paper currency which have been made in the world, nor do you understand the effects it has always had on all things be it gold, oil, corn, wheat or anything else.

    The only thing which ever gets more worthless is the hot air you read in some seeking alpha articles!

    Short gold Lucas, stay short until it goes to 40 dollars. I have some barrels for you to wear later on!

    Good luck! (PS, don't really do it, you're a funny guy and I wish you success!)
    Nov 25, 2014. 01:35 AM | 2 Likes Like |Link to Comment