SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clappy who wrote (49226)4/1/2002 10:30:27 AM
From: Jim Willie CB  Read Replies (1) of 65232
 
been eating bananas for almost 15 years
finally they have worked their way into the DNA genetic structures
apparently that effect, combined with living in a former steel town, has transformed me into a precious metal devotee

I truly believe a financial upheaval is coming
as the USDollar slips, gold & silver will take off
another 10-20% move in the physical will break the back of the Gold Cartel
and force a short cover rally that captures world attention

something unexpected will happen to lead buyers into gold
something unexpected will result
my guess is several silver defaults
and reports from the likes of Kodak or the USMint that silver supplies are totally unavailable
guys like George Soros, institutions like China, and clandestine groups like Islamics have the power to push the issue

Soros could buy above ground silver supplies
China could discontinue all silver sales (already doing so)
Islamics could push forward on their Dirhan silver and gold coin minting

you cannot short silver 3x the world supply
you cannot hold down a strategic metal of importance
you cannot suppress the price to the point where 70% of silver mines are shut down
you cannot lead the public to believe the downtrend is forever

free markets find a way to force the issue
it will be forced
just watch, but give it time
/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext