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  • Silver Poised To Surge On Big American Buying [View article]
    contrarianadvisor... I really don't need your advice. If you gave it I would be more concerned for the folks here taking your advice. With all due respect what would be more appropriate is an honest disclosure of your long or short position in SLV for these readers of SA taking your comments her as certainty.
    Mar 26, 2015. 10:22 AM | Likes Like |Link to Comment
  • Silver Poised To Surge On Big American Buying [View article]
    contrar... OK... Today the market closed down 293 points and SLV closed down .48% @16.24. You are predicting SLV will trade down 40% to around 9.74 sometime before Obama leaves office about 18 months from now. The lowest SLV has traded in the last 10 years was 8.30 3rd quarter 2009. From that low it ascended to a top 48 by 3rd quarter 2011 just two years later. That is a technical fact.

    I believe I have three options for my position SLV is @ basis of 18.14:

    1. sell it at 16.24 at the open and wait 2 years and buy it back at 9.74 take the loss and go to cash or invest it elsewhere.
    2. hold it until goes down to 9.74 in 2 years and double down reducing my basis to 12.99 and wait another 2 years until is recovers higher and take profits.
    3. do nothing and see what happens to my position at my basis of 18.14 here from 16.24.

    What are you recommending I do from here short term? Tell me when you think SLV will go down 40% and I will consider your advice both long and short term. You have never been wrong since your first posting on SA. Right? This is worth a read.
    Mar 25, 2015. 09:34 PM | Likes Like |Link to Comment
  • Silver Poised To Surge On Big American Buying [View article]
    Contrar... I don't think you understand. I already have a position. I am not looking for an entry point. If it goes down 40% I will happily double down on my position. What exactly would be watching besides the central bank and government news to determine how to management to position? Would you believe every comment from people here? Technical indicators tell you where it has been and is as good as it gets on where it is going.

    My position on SLV is that I own it. I am not selling here. I don't need the funds. If WWIII starts I have a hedge. If the bottom drops out I have a bigger hedge. Otherwise what is the point of diversifying with PMs?
    Mar 25, 2015. 01:45 PM | 1 Like Like |Link to Comment
  • Rousseff's hold on power looking shaky, Brazilian poll says [View news story]
    now... now... We don't want her to use a firearm. She should use a different method. Brazilian's don't want any additional firearms laws imposed on the population by the government.
    Mar 25, 2015. 01:20 PM | Likes Like |Link to Comment
  • LightWave Logic: Ushering In a New Era of Data Communications [View article]
    I personally ended my position in 2013. This company is going nowhere. The speculation window has closed. The only hope for it is some sort of renewed interest to acquire the IP by the defense industry but this is not likely with the reduction in Capex by the DOD.
    Mar 25, 2015. 10:42 AM | Likes Like |Link to Comment
  • Rousseff's hold on power looking shaky, Brazilian poll says [View news story]
    There now... Doesn't that make you feel better to state what most folks are only thinking? Who would have thunk-it? Low interest rates created a great 5 year run in the stock market with more millionaires created in history. All this with no economic growth, high unemployment, greater movement of the middle class into the welfare state, 30 million illegal immigrates added through wide open borders and no law enforcement, an inflated $18.3 trillion deficit and growing with the addition of a brand new Obamacare entitlement.

    Hopefully the experiment will be over soon in 2017. It will be interesting to watch how the Stock Market behaves when policies to fix what is broken begins. Here is a dirty little secret. The Fed is going to have a hard time raising interest rates because it will make the debt harder to pay back. America sure likes to dig very large holes for itself.
    Mar 25, 2015. 10:14 AM | 4 Likes Like |Link to Comment
  • U.S. Oil Export Ban: Are There Reasons Not To Repeal? [View article]
    The pipeline will be built without lifting the export band. It will happen when Obama gets his permanent Tee time at Bel Air Country Club near his new home in 2017.
    Mar 25, 2015. 12:38 AM | Likes Like |Link to Comment
  • Android Taxonomies [View article]
    Abbyowner... Why should anyone care what you are unhappy about? Your bio says you know nothing about computer or consumer electronics. Your comments here says nothing about your investment disclosures. Do you even have an investment portfolio? Maybe you should apply for a job at Consumer Reports?
    Mar 25, 2015. 12:26 AM | Likes Like |Link to Comment
  • U.S. Oil Export Ban: Are There Reasons Not To Repeal? [View article]
    rip2451, Thanks for the correction. It is America that use 8 million barrels a day. I will change my opinion on Oil exports from America as soon a 1.1 million barrels a day from Saudi Arabia and Kuwait STOP! All of it from people that hate America! This also includes natural gas. My point is the same.

    Cheap energy is how economies grow and the quality of life gets better. The countries worldwide that sell their energy for growth do not do as well. Just look at Russia Iran and Iraq. Countries that have no energy of their own and have to import it also don't do as well.
    Mar 24, 2015. 07:56 AM | Likes Like |Link to Comment
  • U.S. Oil Export Ban: Are There Reasons Not To Repeal? [View article]
    Pablomike, Living around wind mills and solar farms are not better. Refineries are not down the street. Neither are dams for hydroelectric power. They are in industrialized zones dedicated for that much needed purpose. Economic growth takes energy! Lots of it! Quality of life improves with economic growth. That is the history of America since the industrial revolution.
    Mar 24, 2015. 07:44 AM | 2 Likes Like |Link to Comment
  • Silver Poised To Surge On Big American Buying [View article]
    Contraianadvisor - thanks of your perspective on SLV. I also am a contrarian by nature. It has served me well in the past for moving my net worth bar. I share your thoughts on determining direction however, our common goal for most of us is to determine the timing for a change in direction. From what I see in the technical s it has turned. The last 4 trading days SLV has gone through the 50 day MA headed toward the 200 day MA resistance. The RSI does seem to be over bought but that is what happens when trends change. How it trades in this next few weeks will confirm the direction. I personally think it has bottomed and is headed higher. SLV tried to breakout in Jan 2015 but failed. It is trying again. If I were a day trader I would be selling here, however, I am not a trader. I prefer to wait for the breakout to the upside which I believe is very near. I suppose I am agreeing with the author's view here thought with a much less eloquent presentation. I also believe that when that happens it will be parabolic and I don't want to miss it.
    Mar 24, 2015. 06:48 AM | 2 Likes Like |Link to Comment
  • U.S. Oil Export Ban: Are There Reasons Not To Repeal? [View article]
    This decision should be a no-brainer... So long as America continues to import 8 million barrels of crude daily from the middle east which is more unstable and dangerous then ever before and is on fire. I say NO...NO...NO... Not at the expense of American national security. Not for the special interest on the Right or the Left. Not to prop up European socialism and communism and especially not for the 22 dictatorships of the middle east that hate America. May they all go to hell!

    We should build whatever Oil refining infrastructure is needed to handle the different grades of crude and support the American steel industry and other related jobs it will generate toward greater GDP growth.
    Mar 23, 2015. 03:31 AM | 4 Likes Like |Link to Comment
  • What Is Keeping Vale Down? [View article]
    Absolutely NOT! Good 'ol USA has not got it right either! At least not for the last 12 years. The only difference is that its economy is bigger than the next top five largest combined. The USA can afford to lose a decade and still recover but time is running out. There are too many folks here that have forgotten how to get 'er gone. Ask again in 2017. Hopefully I will change my opinion.
    Mar 22, 2015. 07:28 AM | Likes Like |Link to Comment
  • Silver Poised To Surge On Big American Buying [View article]
    This article and the 60 odd comments and counting here on PMs direction has educated me on the fact that we stand a better chance of predicting a Israels and Palestinians peaceful settlement easier than agreeing on the direction of physical Silver or the EFTs the track it. I believe these are moving on pure emotional energy over heated by geopolitical mismanagement and world wide governmental stupidity. I believe nobody knows shit about where Gold and Silver are headed. They can't even agree on why it's gone from where it has been to where it is now for sure! I must confuse this includes me though I do like the technical charts here more then last year. I am still long significant positions in SLV and gold miners and am not selling any of my positions here for what it is worth.
    Mar 22, 2015. 07:03 AM | 5 Likes Like |Link to Comment
  • What Is Keeping Vale Down? [View article]
    Help me out here. How does a strong dollar hurt demand for Brazilian nature resources? Forex may effect earnings and the stock price for companies listed on US exchanges but not demand. Demand increases through economic capital growth. In 2011 wonderful communist China's central planners spawned unprecedented building growth for buildings no one uses. Now they stopped because they have more than enough empty buildings. So much for communist central planning. In the mean time the US steel industry has been destroyed by cheap Chinese imports.

    Maybe this link will illustrate the issue:
    Mar 18, 2015. 09:38 PM | Likes Like |Link to Comment