User 292572

Silver Shorts Exerting Price Control

When the spot price was around 12 a few weeks ago, I bought a lot of silver and took physical delivery. For the current price, silver is a better store of value that USD, I believe.

I read somewhere that most gold miners don't hedge gold anymore. I am not sure about silver miners. If silver miners don't hedge, then why would big commercials hedge?

Mark Sunshine to Peter Schiff: "Peter, do you really not trust the data that the government publishes? Do you think that Treasury, the Fed and the BEA are like the Iranian election commission?"Schiff: "I think government data is compiled to create a false sense of prosperity so that politicians can claim credit for growth that is not real and be more easily reelected."

I am so surprised that so many economists, like Mark Sunshine, are either stupid/clueless or work for the government instead of independently.

Peter Schiff: You did a good job!

Five Weeks of Silver Backwardation

>For example, I purchased some beautiful Austrian philharmonics at the >Cambridge House Investment Conference and Silver Summit over the >weekend. The beautiful coin cost $20 which was an amazing $5.50 over >spot.

I am surprised that you, as a silver expert, don't know how to buy silver coins! At kitco.com, Philharmonic silver coins are only $2.4 over spot and still available. Also check apmex.com.

U.S. Debt Default, Dollar Collapse Altogether Likely

Future is dificult to predict. At present, it does not look promising. Prepare for the worst! I am buying silver coins now. Silver is both a monetary and an industrial metal.

Why I Sold My China Positions

I am an American Chinese. One of my relatives in China bought a Toyota Corolla for 115 K Chinese Yuan last year. Some of your data are not accurate.

Sell in May and Go Away

Hi, Babak,

A very interesting article. Does it apply to US stock markets only or to foreign markets (European, Japanese and emerging) as well?

Thanks!