jhm47

Silver's Strength Waning

I'm beginning to think that the short-term outlook for silver is bleak. However the long-term is very bright. When you have some of the largest banks in the nation using their multi billion $ sledgehammers to illegally (and with the CFTC's compliance) hammer the price of PM's all the time, it's pretty hard to overcome them. But---I do firmly believe that the general public will someday wake up and overcome the power that the big banks currently wield, and silver and gold will then skyrocket beyond our wildest dreams.

When the public realizes just how destructive this Hitler wannabe's (Obama, for those of you on the coasts) policies will be to our economy, I believe that there will be an awakening the likes of which we have never seen. We may be organizing lynch mobs to hunt down those who have "hope and change" stickers on their hybrid cars.

Will Silver Start to Outperform Gold?

One of these days (and I would never presume to predict when), silver could take off like a cheetah with a tabasco sauce enema. On the other hand, if deflation takes hold, it could sink like the Titanic. However, with these trillion$ being thrown around like confetti, I think that inflation is nearly a certainty.

I will continue to hold what I've got, and add to my position as much as I can. Even if silver should tank (very doubtful), I've got lots of silver coins that can't possibly go below face value. In these times of total monetary chaos (inflation, deflation, stagflation, government flatulation) anything is possible. It's going to be a looooooong four years!

The Manipulation of Gold and Silver Prices

With Obama, Reid and Pelosi in virtual total control of our government, we are going to be in for at least four miserable years. I truly expect to see $10-$12 gasoline within the four years that Obama and his liberal leaders are in power. Food, and every other essential product will follow suit. Taxes will be raised to unheard of levels (there is already a scheme to raise the gas tax by $1.50).

Buy land---learn to raise your own food, and have a means to protect yourself from those who are going to be hungry and desperate.

Good God, I hope I'm wrong!!!

Silver: Gap Between Paper and Physical Prices Widening Daily

I went to a large coin/metals dealer in Fargo the other day. They are totally out of silver, and don't know when they will get any. They plan to take delivery of some contracts. This "squeeze" will even out someday, and possibly not too far in the future.