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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (19810)6/19/2010 10:48:22 AM
From: Wade   of 48092
 
Here is Stewart Thomson again:

gold-eagle.com

17. In my view, silver has a bull head and shoulders continuation on the 1 and 2 year charts, and the kitco charts show it better than most. Is it as good as the gold pattern between 680-1033 was? No. Is it powerful? Yes. Silver appears to be making a run at the neckline. If it is successful, I believe the silver price will become so volatile that it becomes virtually untradeable to those with no core position.

18. So my words to you gamblers out there are: Your time is now to take action. Silver action. That is, "Hi Ho Silver!", not High Ho let's buy Junk Bonds and wait for the banksters to maul us!" The worst case scenario is you own one of the world's greatest assets as the theme of the crisis becomes the banksters' attack on paper money itself. If price were to decline in dollars per silver ounce, is that such a disaster? I think the risk/reward is skewed massively towards reward, as is the timing.

21. Again, if you are a gambler, the time is now to act in silver. Look around you (and maybe at yourself) in the gold market. How many people took my "gamblers take action now" call when gold broke rose up from 980? They are MORBID now. Stunned. Worse, they are now in "audience mode" as the banksters unveil their next leg of their attack, on paper money itself as an ENTITY.
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